Lebanon Businessnews News
 
Finance

Shaker Holdings exits
BLOM Bank for $69.8 million
Main stake bought by other shareholders
FinanceArchive

BDL to subsidize
financing of exports
Ceiling set at $2 million
FinanceArchive

No new U.S. sanctions
reported on banking sector
Banking and Parliamentary
delegations return reassured
FinanceArchive

Solidere to delist its GDRs
from London Stock Exchange
Listing costs outweigh low trading volumes
FinanceArchive

FFA Private Bank to launch
$1 billion investment fund
Mostly to target energy-
related infrastructure projects
FinanceArchive

Emirati Mohamad Alabbar
acquires large stake in MEVP
Non-controlling share is less than 50 percent
FinanceArchive

Antoun Sehnaoui and SGBL
expand in U.S. and UAE
Two banks to be added to the group
FinanceArchive

470 financial crimes reported
Special Investigation Comm.
Cases of terrorism
financing up 70 percent
FinanceArchive

Illicit financial flows
top $32 billion in ten years
Leakage is facilitated by lack of transparency
FinanceArchive

Cedrus Invest Bank client
implicated in insider trading
Bank not named as defendant
FinanceArchive

Scale-up program
to launch at UKLTH
Venture building accelerator program
launched, Beirut Innovation Week confirmed
FinanceArchive

Raymond Audi steps down
as Chairman of Bank Audi
Replaced by Samir Hanna
who remains Group CEO
FinanceArchive

2.7 million cards
are in circulation
Usage up for ATMs and payment cards
FinanceArchive

Local fintech startups among
top four countries regionally
Emerging sector showing positive signs
FinanceArchive

Bank Audi sells
cards unit to M1 Group
Deal estimated at $185 million
FinanceArchive

$3 billion bonds issued
to repay maturing debts
Oversubscribed six times
FinanceArchive

Ayman Hariri to sell
his stake in BankMed
Closing the deal
needs BDL's final approval
FinanceArchive

$1 billion offer to
avert tax hike rejected
François Bassil denies
proposal was made to the State
FinanceArchive

Banks to generate
$1.2 billion in taxes
The levy on swap profits is
enough to cover salary scale
FinanceArchive

Lebanon Seed Fund
launched by Flat6labs
Investments range
$30,000 to $500,000 each
FinanceArchive
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