Lebanon Businessnews News
 
Finance

Fiscal deficit
widens 66 percent
Revenues from VAT
signal stable consumption
Finance

Salim Sfeir slated to
chair Association of Banks
General agreement among members
Finance

Bank Audi to manage
electronic trading platform
ETP likely to start operations
within six months with global reach
Finance

$200 million ready
for renewable energy
Loans will be offered
at subsidized interest rates
Finance

Banks promoting
digital solutions
Smartphones are increasingly
incorporating more financial services
Finance

Lebanon world’s second
in gold reserve per capita
Along with foreign currencies
provides full coverage for the lira
Finance

New banks fees
on cash withdrawals
A measure to boost digital transformation
Finance

Eurobond prices improve as
Cabinet approves draft budget
Interbank rate drops, stock price
index sees first rise in eight weeks
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
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