Moody`s lifts Lebanon`s bank outlook to stable from negative on political stability
(WorldNews Business)

Lebanon`s banking outlook has been upgraded by rating agency Moody`s Investor Service to stable from negative due to an increase of political stability and a resurgence of economic growth. "Our outlook for the Lebanese banking system is stable, reflecting progress in policy effectiveness after years of political paralysis and a pick-up in economic activity from low levels," Moody`s said. "Continuing deposit inflows and substantial liquidity buffers underpin the financial system`s ability to finance the government and the...