Lebanon Businessnews News
 
Finance

Banks to cap rates on dollar deposits
ABL calls for a ceiling of 3.5 percent on interest rates on dollar deposits
FinanceArchive

Slower banking growth
Assets at $141 billion, deposits total $116 billion
FinanceArchive

Mawarid to offer college loans
Agreement signed between Al Mawarid Bank and the Social Work League
FinanceArchive

Tax pact with Italy activated
Non double taxation treaty with Italy brought into effect
FinanceArchive

Rating firm quits action on BLOM's Syrian affiliate
Capital Intelligence withdraws ratings on BLOM Bank’s Bank of Syria & Overseas
FinanceArchive

Banks seek more deposits
Central Bank warns commercial banks against extensive foreign lending
FinanceArchive

Stable outlook
S&P affirms its ‘B/B’ rating on Lebanon’s sovereigns
FinanceArchive

Top banks grow in 2011
Audi, BLOM, Byblos report increase in assets and profits throughout tremulous year
FinanceArchive

SLCB under sanctions
EU sanctions tighten knot around Syrian Lebanese Commercial Bank
FinanceArchive

Preferred shares by BLC
BLC lists Series A Preferred Shares and Series B Preferred Shares on BSE
FinanceArchive

Audi launches Novo
High-tech communication platform for banking services by Bank Audi
BulletinsArchive , FinanceArchive

Banks committed to transparency
Lebanese banks will not take any action that could expose correspondent banks in view of sanctions on Syria
FinanceArchive

Tax cuts on the horizon
Parliament committee suggests axing VAT on two fuel oil types
FinanceArchive

CDS spreads widen in fourth quarter of 2011
Probability of defaulting on debt obligation rises to 27.6 percent from 21.9 percent at end-2010
FinanceArchive

Kafalat guarantees down
Total value of loans reached $165 million, average per loan at $129,700
BulletinsArchive , FinanceArchive

IFC supports trade
Credit Libanais signs deal with IFC to guarantee trade risks of up to $20 million
FinanceArchive

Beirut stocks tumble
Trading volume down 53 percent from last year due to discouraging events
FinanceArchive

Subsidy downsized
Central Bank cuts subsidy on interest rates of loans to productive sector
FinanceArchive

Recognition for Salameh
The Banker chooses Riad Salameh as Middle East’s Central Banker of the Year
FinanceArchive

Loan to BLC Bank
SANAD Fund provides BLC $5 million to expand SMEs credit programs
FinanceArchive
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