Lebanon Businessnews News
 
Finance

Lump sum tax
postponed again
In response to demands by private sector
Finance

Housing Bank resumes
mortgage loan subsidies
The bank is seeking loans from
Arab Fund and EBRD
Finance

Lebanese lira strong
unaffected by Turkish crash
World currencies tumble including
euro, rand, peso, ruble, and yuan
Finance

T-bill subscriptions
reach $18 billion
Certificates of deposit worth
$47 billion issued in 2017
Finance

Cutthroat competition
for bank deposits in lira
Up to 15 percent for long term commitments
Finance

Home loan subsidies
will resume next year
Banks lost $90 million on subsidy halt
Finance

No bank losses
from Iraqi gang
Torbey: Assault did not result in any capital withdrawals
Finance

$1.7 billion subscribed
in investment funds
Fixed-income securities are favored
Finance

FNB subsidizes
housing loans
LL20 billion for 100 homes
Finance

Fransabank biometric card
makes pin codes obsolete
High-tech Mastercard enters local market
Finance

M1 Group denies
housing loan violations
Loans taken according to Decision no. 7835
Finance

Bank Audi is not
merging with Bankmed
Baz: “We are redeploying employees not laying them off”
Finance

Dollarization rate of loans
drops below that of deposits
First time change driven by conversions
to dollar deposits, rise in lira loans
Finance

Central Bank to banks:
Know your real client
Central Bank’s decision is part of anti-money laundering compliance
Finance

Banks OK’d to trade
in financial instruments
CMA to monitor accounts
Finance

BLC to sell Cypriot bank
to Maurice Sehnaoui
Sehnaoui to exit stake in BLC
Finance

Fidus to morph into a
specialized or private bank
Equity increased to $25 million
Finance

Berytech Fund invests in
Capital Banking Solutions
Company to expand to the Gulf
Finance

Finance Bank
under investigation
Problems to be solved within months
Finance

Raoul Nehme named
top gun at Bankmed
Second managerial change this year
Finance
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