Live on CNBC Arabia’s 'In Depth' segment, RHU's Professor and Dean of the College of Business Administration, Dr. Jamil Hammoud, provides expert insights into Lebanon’s ongoing Depositor Crisis. He discusses the potential for a resolution, emphasizing the renewed optimism following the election of a new president and government.
While these political developments have sparked hopes for the return of deposits, Dr. Hammoud stresses that a full, immediate return is virtually impossible due to the vast scale of Lebanon's financial challenges. He urges a realistic approach, acknowledging the need for time and gradual restoration. Dr. Hammoud remains hopeful, noting that, with planned reforms and strategic governance, Lebanon can restore trust in its banking system and work toward long-term financial stability and recovery.
Watch the video.