Prime Minister, Hassan Diab, met on Wednesday afternoon at the Grand Serail a delegation of the Association of Banks in Lebanon (ABL), chaired by Salim Sfeir, in the presence of Chairman of Executive Committee of the Union of Arab Banks (UAB), Joseph Torbey
On emerging, Sfeir said that they discussed with the Premier the issue of "Eurobond" dues estimated at $2.5 billion Eurobonds in 2020, including $1.2 billion Eurobond maturing in March.
He stressed ABL's stance that if the government intends to opt for debt rescheduling, this must take place in an orderly manner through negotiations with bondholders "especially investment funds abroad that have so far shown readiness to negotiate on this basis."
He affirmed that the aim of the Association has been and shall remain the preservation of the proper functioning of public facilities, as well as the preservation of bank deposits.
Sfeir relayed the Premier's keenness on the safety and continuity of the banking sector in a manner that preserves the rights of depositors and regulates the relationship between banks and customers.
This afternoon, Premier Diab welcomed Greek Foreign Minister Nikos Dendias, and his accompanying delegation, with whom he discussed the means to bolster bilateral relations, as well as most recent developments.