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Lebanese lenders overcame regional turmoil: Central Bank

Governor of the Lebanese central bank has said banks in the country have successfully overcome the negative effects of the Syrian conflict and managed to boost reserves and provisions, The Daily Star has reported. "The Lebanese banks have overcome the effects of the crisis in Syria, Egypt and Cyprus and are currently operating in the same pattern before these problems started," Riad Salameh told participants in a banking conference in Beirut. "These banks have amassed the required reserves and provisions so they can remain immune from the conflicts that surround them," he said.