Central Banking

Lebanon's Saidi: Banks need new e-finance systems

First vice-governor of the Central Bank of Lebanon, Nasser Saidi, said banks should aim to develop Arab regional payment networks and to integrate national payment networks.

Source: The Daily Star

Lebanese banks and financial institutions should aim to 'leapfrog' in developing their banking, payment and financial systems to support e-banking and e-finance, according to Nasser Saidi, first vice-governor of the Central Bank.

"Our aim should be to develop Arab regional payment networks and to integ