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bankingFebruary 14, 2021

Lebanon’s Central Bank confirms positive cooperation with Alvarez & Marsal

NNA - Lebanon's Central Bank (BDL) on Friday announced in a statement: 'As per legal principles, BDL has sent a letter to the Minister of Finance confirming its commitment to the full provisions of Law No. 200 dated 29/12/2020, and its positive cooperation with Alvarez & Marsal regarding their inquiries.'

BDL also stressed in its statement the need for the concerned company to abide by all the obligations imposed by the laws and standards of the General Data Protection Regulation (GDPR).