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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Lebanon: Mikati Says Wants to Protect Small Depositors Not Banks

Prime Minister Najib Mikati speaks to reports at Baabda Palace. AP file photo

Lebanon's prime minister said on Saturday after a cabinet meeting convened to address judicial actions against seven banks that the goal was to protect small depositors not lenders.

"We are protecting institutions, not individuals," Najib Mikati told a news conference, Reuters reported.

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