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Article: LEBANON: THE CLEARING HOUSE SYSTEM.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- June 6, 2001
CopyrightCOPYRIGHT 2001 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Al-Mustaqbal newspaper reported in mid-September 2000 that Riyadh Salama, Comptroller of the Lebanese Central Bank, published a notice about the ...
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Article: Banks, out to cut forex risk, mull 'clearing house' ...
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700+ words
...Commercial banks are considering setting up a clearing house-style system to reduce risks in foreign exchange ... exchange settlement risk. One such system, Exchange Clearing House Ltd., is run by 15 European banks. A second netting ...
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