Seminar held on Sep. 15, 2015: Presented the results of ongoing research which explores the relationship between Lebanese banks and the ruling class in the country. The project is part of a wider regional initiative entitled “The Political Economy Determinants of Private Sector Dynamism in the Middle East”, coordinated by the Economic Research Forum. The seminar revealed new data on the ultimate shareholders of Lebanese commercial banks, which allows the full identification of the ownership structure of these banks and their close connections with the ruling class. The impact of the political elite’s capture of the banking industry as also discussed.

Download presentation PDF