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Lebanese banking growth
- Lebanon: Saturday, November 10 - 2007 at 07:21
Lebanon's banking sector has enjoyed solid growth in the first nine months of the year despite the ongoing political uncertainty in the country, reported the Daily Star citing figures from the central bank. The aggregate activity, measured by the consolidated assets of Lebanese banks, grew by 7.1%, or $5.4bn, in the first three quarters of the year to reach $81.6bn. Last year, the equivalent growth rate was 4.5%.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, November 10 - 2007 at 07:21 UAE local time (GMT+4)
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