The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month. The announcement lifted shares in the sector by as much as four percent in early trading.
Market reaction
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
“Capital follows credibility, and credibility is finally being rebuilt.”
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
Why it matters
Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
