The Lebanese banking sector is over exposed to the country risk according to S&P

23-Jan-2018 11:07:07 / by Nabeela D'Sa

Nabeela D'Sa

The rating agency S&P in its latest report has highlighted the "very elevated risk" of the Lebanese banking sector which suffers from an over exposure to the country risk; this is because the banks' balance sheets are loaded with Lebanese Government bonds. In its 10 points risk rating (from 1 no risk to 10 very risky) S&P is ranking Lebanese banks as a group at level 9.

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Readmore: https://www.lorientlejour.com/article/1095689/moodys-et-sp-maintiennent-leurs-evaluations-du-secteur-bancaire-libanais.html

Nabeela D'Sa

Written by Nabeela D'Sa

 

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