Lebanon Businessnews News
 
Finance

Byblos Bank buys
Banque Pharaon & Chiha

Deal valued at $91 million
involves the Rahmeh brothers
FinanceArchive

Torbey camp prevails
in sale of Credit Libanais

EFG Hermes to sell 63 percent
share for $492 million
FinanceArchive

Banks hold 54 percent
of public debt

Treasury can meet Eurobond maturities
FinanceArchive

Record public debt
at $70 billion

Debt-to-GDP ratio stabilizes and
lower oil prices bolster budget
FinanceArchive

Standard e-payment
mobile app takes off

Spearheaded by CSC Bank, in partnership
with 14 banks, CashUnited, and LibanPost
FinanceArchive

Bank deposits
up five percent

Public and private
financial needs are secure
FinanceArchive

IFC extends loan
to Fransabank arm

To provide more environment friendly loans
FinanceArchive

Moneylenders regulated
by the Central Bank

Minimum capital set at $1.33 million
FinanceArchive

Loans guaranteed by Kafalat
down by 19 percent

Agriculture sector gained the largest share
FinanceArchive

Islamic Bank loan
for hydropower plants

Part of the Beirut Water Supply Project
FinanceArchive

Speed@BDD invests
$180,000 in startups

First batch to seek more investment
FinanceArchive

Illicit money outflow
reached $2 billion per year

Hot money and trade
mis-invoicing are main factors
FinanceArchive

BDL assets at $91 billion
up by a yearly six percent

Assets from exchange operations of financial instruments was main growth driver
FinanceArchive

$67 million in tech startups
invested in last three years

Demand for funds could
reach $80 million annually
FinanceArchive

Central Bank extends
subsidized loan program

Beneficiaries include small businesses and home buyers
FinanceArchive

30 percent of corporate
income goes on taxes

20 different duties are paid yearly
FinanceArchive

Berytech Fund
invests $20 million

Equity injected in 12 local SMEs
FinanceArchive

Beirut bourse
outperforms Arab markets

Local exchange down two percent
while major regionals down by two digits
FinanceArchive

FinanceArchive

Central Bank sets rules for
incubators and accelerators

Knowledge economy to account for five percent of GDP by 2030
FinanceArchive
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