Lebanon Businessnews News
 
Finance

Private sector campaign
calls for tax disobedience
To negotiate debt rescheduling with banks
Finance

Interest rates
are cut in half
Ceiling on dollar deposits
set at five percent, 8.5 percent on lira
Finance

$1.5 billion Eurobond
repaid by Central Bank
First issue to mature
since the start of the crisis
Finance

One billion dollar lawsuit
pits BankMed against a client
Oil trader filed in New York and Beirut
Finance

Central Bank’s foreign assets
down $800 million in November
Decline partly due to debt service payments
Finance

Foreign currency debt down
three percent so far in 2019
Almost two thirds of public debt is in lira
Finance

Central Bank and banks
defend Bank Audi from smear
Accusations on TV and social media
deemed defamatory
Finance

Checks and credit cards
limited to local transactions
Unlimited withdrawals in LL
$1,000 per week
Finance

NO HAIRCUT!
LOWER INTEREST RATES
Central Bank pledges support to the official exchange rate
Finance

Banks shocked and awed
by capital increase demand
Valuation and investor appetite are major obstacles
Finance

The banks’ pulling of credit
could lead to food shortages
Foreign exchange counters
cannot cope with demand for liquidity
Finance

USD rate
LL1650-1,715
InfoPro has started a daily survey
Finance

Bank deposits drop
despite interest rate hike
Lending to private sector and
Central Bank’s foreign reserves decline
Finance

$450 million available
for housing loans
Riad Salameh: We remind
everybody that the lira is our currency
Finance

Central Bank to provide
dollars for commodity imports
Traders of wheat, medicine, and fuels to benefit from funding
Finance

$300 million for road, energy
and industrial projects
Financing provided by European
Investment Bank, DEG, Proparco, and Finnfund
Finance

There are enough dollars
to meet market demand
Central Bank: There is no need for special measures
Finance

Jammal Trust Bank’s
liquidation approved
Rights of employees and
depositors are preserved
Finance

$2 billion
Eurobond issue underway
Move comes amid improvement in bond prices
Finance

No new taxes
in 2020 budget
Many of the 94 public institutions
and facilities are no longer needed
Finance
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