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

Lebanon’s Central Bank Not Bankrupt, Governor Says

central bank Lebanon Riad Salameh Saade Chami Lebanon Central Bank
Lebanon's Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon November 23, 2021. (Reuters)

Lebanon Central Bank Governor Riad Salameh on Monday denied that the institution he has led for 30 years was bankrupt and said it was still going about its legally-mandated role despite losses in the financial sector.

The comments in a statement by the governor were an apparent response to the deputy prime minister, who said on Sunday that both the state and the central bank were bankrupt.

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