Lebanon Finance news – Businessnews.com.lb

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SUBMIT NEWS

~~Finance~~

IFC invests in local
micro-credit firm
Ameen aims to double its loan portfolio

New debt notes to
settle hospital arrears
$78 million for patient costs covered by Ministry

Fees on coastal
facilities triple
More than 90 percent of exploitants do not pay

Top three banks
still showing resilience
Improved asset quality over third quarter

ESFD supports 220 SME
projects in third quarter
Loans granted since 2003 total $66 million

Half of consumers
spend all of their income
At least 50 percent do not keep record of spending

Audi to launch seven branches in Turkey
Bank sees profits’ growth in first nine months

CDS spreads tighten in Q3
Higher probability of defaulting on debt

Salameh praises
wisdom of banks
“Credibility of financial sector saved our economy”

Tax evasion losses
total $3 billion a year
Real estate stakeholders reject new fees

T. Gargour & Fils
closes securitization deal
Short term debt arranged by BSEC

Public accounts since
1997 to be finalized soon
Treasury credits worth $3.6 billion still unpaid

Major recovery
in 2013 unlikely
HSBC: banks highly tolerant of political risk

Stock market volume down
Downside in prices and low volume "not unusual"

Stock market to be privatized in 2013
New regulatory framework for dealing

Three million depositors
one million borrowers
IMF said number of loans doubled since 2005

Alpha banks’ assets surge
Rise due to growth in private credit and
banks’ deposits with the Central Bank

We rank fourth
in financial literacy
Local consumers rank third in region
in understanding basic investment risk

Highest T-bill rates
in three years
Bifani: It’s lower than the banks were asking

War cover rates soar
Mirza: Few will buy such expensive policies

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