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The head of the Banks Association, Roufael Denied Rumors About Money Transfers

Al Breaking News :

Farid Roufael, vehemently denied rumors about huge
transfers of banking deposits outside the country. Roufael
made these comments after signing with the president of the
bank employees federation a new collective labour contract
for the year 2002-2003. The collective labour contract was
the first of its kind in Lebanon and the Arab world and
constituted, since 1972, a main factor of stability for the
Lebanese banking sector.