Installing a differentiation between debtors based on their residency is illegal.
Same installing a differentiation of loans repayment based on their nature is equally illegal.
Customers will be encouraged to pay 15 % or 30% (if the customer was a bank board member, senior management, major shareholders or a Politically Exppsed Person (PEP)) of the amohnt transferred
It will be given the guarantees that it will be paid back in 5 years
- by encouraging banks BODs, senior management, major shareholders and PEPs to deposit 30% is a posion in honey formula for the current depositors because these guys will have a priority over the curent depositors.
So in order to screw the little guy current depositor, the Lebanese engenuity capitalism opted to..