Lebanon Businessnews News
 
Finance

Banks feeling shunned
offer own financial plan
Focus on avoidance of default
on internal State obligations
Finance

Banks say that they
do not need a bailout
Ready to discuss repayment
schedule with government
Finance

Sale of Bank Audi Egypt
to UAE Bank put on hold
Challenging economy in UAE
is the cause of halt
Finance

Banks Association replaces
debt restructuring advisor
GSA hired to negotiate with the government
Finance

Gov’t new banks plan
is the work of amateurs
Banking Control Commission:
It is the prerogative of the Central Bank
Finance

Salameh sees no need
to haircut bank deposits
“There has never been a haircut
on deposits anywhere”
Finance

Central Bank mandates
dollar conversion at LL3,200
Circular applies to money changers
Finance

Loan repayment suspended
for six months by Parliament
Beneficiaries: Firms affected
by virus, minimum wage earners
Finance

Three firms hired
to audit Central Bank
Specialized in forensics
accounting, regulatory issues
Finance

Double your dollars program
launched by Bank Audi
Augmented fresh deposits
can be immediately spent locally
Finance

Money changers go on strike
against rise in exchange rate
Rise driven by rumors
and unlicensed outlets
Finance

Central Bank clarifies
zero-interest loan scheme
Program extended till June
Finance

Foreign currency withdrawals
will be made in lira
Fresh money and small depositors
excepted from BDL decision
Finance

Foreign wires via non-banks
at market-rate liras
Money transfer companies to
sell dollars back to Central Bank
Finance

Billion dollar lawsuit
settled by BankMed
Money deposited by IMMS
will remain frozen until maturity
Finance

Borrowing interest rates
reduced in all currencies
BRR lowered to 5.75 on dollar
and to 7.75 on lending in lira
Finance

Losses at Central Bank
amortized as future earnings
Follows European Central Bank guidelines
Finance

Banks exempt from reserves
on fresh transfers, deposits
Depositors to benefit from full
withdrawals and bank services
Finance

Central Bank to
undergo auditing
Last touches on
soon-to-be-announced economic plan
Finance

Banks to apply
LL2,600 per dollar
Exchange rate for small
depositors to be revised weekly
Finance
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