MP Kanaan: Bank Reform Law Done

The Chairman of the Finance and Budget Committee, Deputy Ibrahim Kanaan, announced that the bank reform law has been completed after discussions lasting a month and a half. The drafting of the annex and report is expected to be finalized in the coming days. He confirmed that the law links banking reform with the deposit recovery law to strengthen depositor rights and restore trust in the banking system, emphasizing the need to finance the project to ensure the recovery of depositors’ rights and the public’s confidence in the state and the banking sector. Kanaan also stressed that restoring trust requires directly addressing the deposit issue and citizens' rights.

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