Lebanon Businessnews News
 
Finance

Disclosure by banks
available to clients
It is mandatory to show lending and deposit rates computations
FinanceArchive

FFA: BLOM shares stable
Audi and Byblos to decline
Growth in net profit, assets, deposits, and loans of each of the banks in 2015
FinanceArchive

Beirut Stock Exchange
halted for technical issues
No impact was registered against listed companies
FinanceArchive

Sound banking system
despite S&P negative outlook
Deposits and currency conversion not at risk
FinanceArchive

First investment by
EuroMena Fund extended
Co-financing Nigerian-based
Lebanese tissue paper firm
FinanceArchive

$1 billion in stimulus
by Central Bank in 2016
To boost credit and channel
excess liquidity into the economy
FinanceArchive

$1.5 billion in Eurobonds
to be issued next month
Issue of the balance of $3.5 billion
due before the end of 2015
FinanceArchive

Moody’s praises banks
for their high liquidity
Deposits are growth driver, but pressure on profitability, credits, and asset quality lead to negative outlook
FinanceArchive

Insurance premiums will
grow by 25 percent till 2017
Regional stability would find new growth opportunities for insurance companies
FinanceArchive

Public debt to reach
$75 billion in 2016
Accelerated by a global recovery in interest rates
FinanceArchive

New LL50,000 bill
to be released
Circulation starts next month
FinanceArchive

Central Bank reserves
stand at $39 billion
More stability of the monetary policy and currency, and more confidence in the banking sector
FinanceArchive

EuroMena Fund sells stake
in Chedid Capital Holding
Company planning expansion outside the Middle East
FinanceArchive

Deposits in banks
to top $150 billion
Deposits are growing significantly,
and lending is at a slower pace
FinanceArchive

Iskan warns borrowers
who have defaulted
Houses under mortgage to be sold in a public auction, if borrowers don’t pay their duties
FinanceArchive

Central Bank prohibits
instant money transfers
The BDL wants tighter control over the market
FinanceArchive

Joseph Torbey elected
ABL Chairman
The new board will strengthen
cooperation with monetary authorities
FinanceArchive

MEA signs on
a $65 million loan
Funds to be used for HQ, simulator, and an Embraer Legacy 500
FinanceArchive

$1 billion Eurobond swap
by Central Bank
An initiative to avoid the country’s default
and protect the banking sector
FinanceArchive

Income tax evasion
up to $1.9 billion yearly
Recouping it would pay off half the deficit
FinanceArchive
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