Lebanon Businessnews News
 
Finance

Local banks' assets grow
Deposits grow slightly, reach $120 billion at end March 2012
FinanceArchive

Iraqi bank eyes Beirut expansion
Trade Bank of Iraq to focus on promoting bilateral trade
FinanceArchive

BEMO profits down by half
Bank’s assets steady at around $1.5 billion, net income dips to $1.5 million
FinanceArchive

Byblos profits inch upward
Total assets reach at $16.8 billion in first quarter
FinanceArchive

BoB pays 2011 dividends
Bank pays a total of $83.08 million to holders of common and preferred shares
FinanceArchive

No illicit funds
Salameh disputes claims of money laundering for Damascus and Tehran
FinanceArchive

Returns on Casino stock shrink
$35 pay out per share, and $143 million in revenues to the Treasury
FinanceArchive

BLOM to pay dividends
Net profits total $84 million during first quarter of 2012
FinanceArchive

Central Bank to help in US tax compliance
Salameh in talks to represent local banks in reporting US accounts
FinanceArchive

Audi raises Capital
Bank’s capital at $304 million through a new preferred shares issuing
FinanceArchive

Cross-border operations regulated
Local banks must abide by rules of their correspondents' home countries: Central Bank
FinanceArchive

Audi profits
up
Net earnings total $94 million in first quarter of 2012 despite higher provisions
FinanceArchive

At $0.12 per common share
Byblos ready to distribute 2011 dividends
FinanceArchive

BBAC raises capital
Closes $80 million Preferred Shares issue
BulletinsArchive , FinanceArchive

Audi profits up
Net earnings total $94 million in Q1 2012 despite higher provisioning
FinanceArchive

BoB: B2B banking portal
Bank of Beirut redesigns branches, launches customer focused initiatives
BulletinsArchive , FinanceArchive

New investment bank
BLC Invest to focus on private equity in Lebanon and MENA
FinanceArchive

Banking secrecy lifted from 18 suspects
335 suspected money laundering and terrorism financing cases handled in 2011 by the financial intelligence unit
BulletinsArchive , FinanceArchive

Modest deposit growth expected in 2012
Fair value for Audi share at $7.5, Byblos share at $1.75, Blom share at $11: FFA equity research
FinanceArchive

BLF soon in Baghdad
Bank to offer retail and corporate banking to Lebanese and Iraqis
FinanceArchive
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