Lebanon Businessnews News
 
Finance

Financial markets regulator to start operating soon
Authority will seek to license foreign
firms and privatize the BSE within one year
FinanceArchive

LIA sale boosts
Audi’s net profits
Deposits fall after $1.2 billion
is withdrawn from Bank Audi Syria
FinanceArchive

Our banks not a haven
for dirty money: Torbey
Secrecy laws no longer unrestrained,
cannot protect money laundering
FinanceArchive

Half the companies
open to new investors
BSEC survey finds 33 percent of firms
do not want to open up their capital at all
FinanceArchive

Banks urge more security
after wave of robberies
ABL to Cabinet: Disorder will harm
country’s image and economy
FinanceArchive

Central Bank switches to real time payment system
New scheme allows banks to keep track of transactions made from their BDL accounts
FinanceArchive

ACAL calls for compulsory insurance for tourism sector
Only ten to 15 percent of restaurants covered
FinanceArchive

$44 million in Bank Audi shares change hands
Cross-trade transaction an arranged deal, day’s share price unchanged
FinanceArchive

Bank Audi to double
Turkish subsidiary’s capital
"$1 billion investment," 50 to 60 branches, Odea is Audi’s biggest operation abroad
FinanceArchive

Bank Audi to double Turkish subsidiary’s capital
With $1 billion invested and up to 60 branches, Odea is Audi’s biggest operation abroad
FinanceArchive

Bankers fend off money-laundering allegations
Rating firms support sovereign outlook refuting claims of forged debt portfolio
FinanceArchive

Fitch affirms country's stable outlook & 'BB' rating
High per capita income, credibility of exchange rate system support creditworthiness
FinanceArchive

Insurance penetration highest regionally
Swiss Re: Lebanon fifth highest among Arab countries in premiums generated
FinanceArchive

Sovereign market faces money-laundering claims
Global financial firms urged to abandon their Eurobond holdings, rating firms asked to call off rating actions
FinanceArchive

Low yield on local debt curbs banks’ enthusiasm
“Reluctance to buy government debt has nothing to do with exposure to sovereign risks”
FinanceArchive

Former bank staffer accused of drug money laundering
Fenecia Bank denies connection to the actions of three-man drug ring
FinanceArchive

FFA revises down Solidere share valuation to $20
Tough two years ahead for Solidere as land sales revenues expected to dip
FinanceArchive

$26 million in Solidere shares change hands
Transaction classified as ‘cross trade’, not regular market activity
FinanceArchive

$67 million-headquarters for Credit Libanais in Adlieh
Bank's new HQ to be built to a green standard and will house all bank departments by 2014
FinanceArchive

SGBL to offer $19 million in loans to SMEs
Bank signs deal with EIB to finance small to medium projects across sectors
FinanceArchive
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