Lebanon Businessnews News
 
Finance

Banks to stop
numbered accounts
Move aims to maintain ties
with correspondents
Finance

Plan for $7.3 billion in
treasury bonds at one percent
Deficit-to-GDP projected
at 8.3 percent in 2019 draft budget
Finance

E-payments up
by record 20 percent
Rising interest rates on loans
makes cards a form of lending
Finance

Hisham Itani, investors
buy stake in Crédit National
The bank is increasing its capital by $30 million
Finance

Up to $3 billion
in new Eurobonds
Preparation underway
with local and international banks
Finance

Visa offers fintechs
easier services at lower cost
Deal with Beirut Digital District to boost fintech know-how
Finance

Arab Fund to lend
$165 million to Housing Bank
Proceeds are adequate to lend to over 1,000 borrowers
Finance

Gross market debt
in downtrend since 2013
Dwindling share mitigates country’s default risk
Finance

FFA teams up with IFC
to launch $100 million fund
Mezzanine fund to invest in infrastructure projects
Finance

Central Bank foreign assets
drop $2.3 billion in 2018
Reserve adequacy well above average
of similarly-rated countries
Finance

Non-residents bank deposits
surge seven percent in 2018
Overall deposit growth sufficient
to finance private and public sectors
Finance

The market is demanding lira
signaling start of turnaround
Boost to savings in the national currency
Finance

Eurobonds surge
following Cabinet formation
Beirut Stock Exchange remains
dormant awaiting clearer vision
Finance

Central Bank launches
$1.1 billion stimulus package
Subsidies for old and new housing
loans in lira worth $524 million
Finance

IFC ready to invest
$1 billion per year
Infrastructure is the target sector
Finance

Expat businessmen launch
$100 million investment fund
To support infrastructure projects
Finance

Calls to establish funds for
reconstruction, digital tech
$100 million pledged by Kuwait and Qatar
Finance

Qatar to buy $500 million
in Eurobonds
Doha says it is committed to support Lebanon
Finance

Fransabank ups stake in BLC
to 82 percent
Sehnaoui and other investors exit BLC Bank
Finance

Inbound E-money transfers
must be paid in lira only
Central Bank decision applies to firms like OMT, MoneyGram, and Western Union
Finance
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