Lebanon Businessnews News
 
Finance

Banks hold 53 percent of debt
Slowdown in first half of 2011 held back deposits’ growth: ABL chairman
FinanceArchive

Money Dealers complain new measures
"Central Bank circulars limited our productivity", says Head of Money Chngers' Syndicate
FinanceArchive

Authorized insurance brokers
Ministry of Economy: 427 independent brokers and 1,129 agents
FinanceArchive

What twenty billion?
Syrian deposits in local banks do not exceed $3 billion: Makram Sader
FinanceArchive

Insurance premiums at $1.1 billion
Swiss Re: premiums accounted for 2.8 percent of GDP in 2010
FinanceArchive

Money Dealers complain
new measures
Central Bank circulars have limited productivity of money changing firms: Head of Money Changers’ Syndicate
FinanceArchive

Légion d'Honneur goes to…Jihad Azour
In appreciation of his good governance: Pietton praises former Finance Minister
FinanceArchive

Lebanon-Syria banking relations
Claims of fund transfer from Damascus to Beirut were not verified through local bank deposit figures
FinanceArchive

SGBL-LCB’s $580 million deal reportedly approved
Report says SGBL began receiving acquisitions, process takes 14 days
FinanceArchive

Islamic Banking at risk
Islamic finance institutions are not giving sufficient notice to risk management
FinanceArchive

BBAC raises its capital to LL149 billion
Ghassan Assaf reelected president, bank to distribute 2010 dividends
FinanceArchive

Assurex loses license to credit insurance
12 insurance companies operating in the country offer credit insurance
FinanceArchive

Kafalat guarantees through May
Activity drops by 22 percent, average guarantee for loans at $136,000
FinanceArchive

ABL addresses Corporate Governance
Central Bank, IFC, ABL join efforts for a dedicated conference on July 4
FinanceArchive

BLOM Bank wins new award
Banker grants ‘Best Retail Bank in the Middle East’ award to BLOM
FinanceArchive

Lebanese- Syrian banking relations
International calls for protecting banking sector in light of crisis in Syria
FinanceArchive

SGBL buys LCB assets
SGBL’s board of directors approved acquisition unanimously, LCB’s General Assembly voted for the project by a majority of 76 percent.
FinanceArchive

Central Bank reserves up to mid June
Foreign assets see slight drop, total reserves up by $2 billion y-o-y
FinanceArchive

ABL recommends reducing lending rates
Beirut Reference Rate: 2 basis points reduction on lending in lira, 7 in dollar
FinanceArchive

Bank assets up to end-April
y-t-d total assets of commercial banks slightly rise, investment banks contract
FinanceArchive
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