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9 May 2019 Why Are Regulators Eager to Replace LIBOR as the Interest Rate Benchmark? When Do We Believe the Transition Will Take Place?

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A guaranteed return with a minimum balance of 15,000,000 LBP or 10,000 USD or their equivalent in others currencies. The possibility to access, manage and transfer funds to and from the account anytime using eBLOM (internet and mobile banking). Interest rates are set according to the prevailing market rates. Deposit account: The US Dollar LIBOR interest rate is the average interbank interest rate at which a large number of banks on the London money market are prepared to lend one another unsecured funds denominated in US Dollars. The US Dollar (USD) LIBOR interest rate is available in 7 maturities, from overnight (on a daily basis) to 12 months. Credit Libanais is currently giving 7% on fresh money LBP, amount deposited should be higher than 100M LBP (one year but interest) Credit Bank is giving 5% on USD for one year with interest given each 3months, amount to b above 50k$. this is what i know, but better to check their sites.

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