Q: What do you see as the impact of the various political upheavals taking place across north Africa and extending to Yemen, Bahrain and Syria?
A: As far as Lebanon is concerned, these events in the Arab world did not have a positive or negative impact. There has been no positive impact because in the past three months Lebanon's political situation has been uncomfortable for the markets, due to the absence of a government. But neither has it been negative because commercial operations with the countries concerned are limited and the presence of Lebanese banks is based on our circulars, where they have sufficient capital to meet the risks that may come from their presence in these countries.
