2023-05-11 04:26:10
More than one problem accompanies the protest movements in the past days once morest the banking sector or some banks, which are active in the field or judicially, and which certain banks may take as a pretext to strike or stop working and thus the loss of deposits of the Lebanese, especially since some of the protests, which raise righteous slogans once morest the banks Which has become the subject of accusations at the highest levels, sometimes harmonizing with projects or scenarios being cooked in the financial scenes, and focusing on granting licenses to five new banks and thus overthrowing the sector, banks and deposits.
And while informed economic circles warn of the danger of the next stage, which requires a process of restructuring the banking sector to protect deposits before entering into any new operations that open the door to new banks and topple existing banks, they reveal that the Governor of the Banque du Liban, Riad Salameh, did not agree to grant any licenses. New banks to establish banks in Lebanon, since this step means the death of the “old” banks that are burdened with debt and thus the overthrow of the Lebanese’s money, because the new banks will work according to the new money or “fresh”.
From this standpoint, informed economic circles told the “Lebanon Debate” that the appointment of a new ruler or the assumption of the second deputy Salameh’s governance duties may pave the way to “liberalizing” licenses for new banks, and to dividing the sector according to the pillars of the current political system or the components of the current authority. .
However, this step is without several caveats, according to these circles, which warn that the current banks may resort to a violent response, before reaching this date, by going towards closure and not a strike, provided that they put their assets at the disposal of the state and depositors, which will not exceed The level of one and a half billion dollars, noting that it will not cover more than one percent of the value of deposits.
Regarding the possibility that the hidden goals behind this scenario are the implementation of the International Monetary Fund’s condition for writing off deposits, the economic community expresses serious fears that this is the real motive behind the series of campaigns, moves and prosecutions, which carry resounding slogans for depositors and employ their resentment, natural protest, and just demands, while Its first and last effect is to blow up deposits and reduce the debts of banks, which will close their doors in the face of everyone, and thus evade their debts.
Also, these circles did not neglect to point out that the scenario of controlling the banking sector and establishing a private bank for each party in power precedes the next stage, which bears the title of investing oil wealth in Lebanon, as Lebanon is expected to witness a promising financial movement. Consequently, the same circles reveal that several internal and external parties share responsibility for implementing a “hellish” scenario through pressure, whether judicially on Salameh by the French judiciary, or internally, through the establishment of new banks without regulating the banking sector and protecting the rights of depositors, knowing that going towards Restructuring may lead to granting licenses to new banks, but following resolving the conditions of the current banks, and without risking the money of depositors.
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