Riad Salameh Lebanon's Banking System Spared the Country from the World Crisis

Lebanon Steers Clear Of Financial Crisis, For Now
Zawya

BEIRUT, Nov 25, 2008 (AFP) - As countries around the globe struggle to ride out the economic crisis, Lebanon's banking sector has not only managed to steer clear of the turmoil but bankers say it has even benefited from it.

"Lebanon's tightly-regulated banking system has spared the country from being affected by the world crisis," governor Riad Salameh told AFP. ...