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Lebanese PM's Gift to Turkey: Will It Impact Banking Sector?
724FinanceKerem Tufan
President Erdoğan presented a Turkish translation of the memoirs by Selim Ali Selam to Lebanese Prime Minister Nevvaf Selam. This symbolic gesture marks a new phase in Turkey-Lebanon relations. The economic and political dimensions of the gift are drawing attention from the banking sector. Lebanon's deepening economic crisis and Turkey's aid policies are behind this gesture. Turkey's increased commercial lending and macroeconomic measures in Lebanon may spark discussions within the banking sector.