This note summarizes the conclusions of the review of the insurance sector in the Lebanon as part of the Financial Sector Assessment Program (FSAP). The main objectives of the assessment are to review...
Lebanese capital market is relatively small as the financial market is dominated by the banking sector. It is apparent that banks dominate financial intermediation in Lebanon to the extent it may inhibit...
Lebanon's very large banking system has inhibited the emergence of capital markets. The country's licensing regime grants banks ipso facto authorization to engage in the full range of capital market activities...