Lebanon Businessnews News
 
Finance

Government to ask for
grace period for Eurobond
Lebanon pays $71 million
in coupons due on bonds
Finance

Interest rate cuts on
subsidized housing loans
Banque de l’Habitat at 4.75 percent
Public Corporation for Housing at three percent
Finance

Fitch: reserves sufficient
for external debt payments
Conditional on
maintaining capital controls
Finance

More downgrades
by S&P and Moody’s
Ratings are ten notches
below investment grade
Finance

Twelve firms invited
to bid for financial advisor
Looking at all options
and repercussions concerning debt
Finance

Eurobond yield
hits 1,500 percent
Bond prices plunge
amid restructuring news
Finance

$15.5 billion drop
in total bank deposits
$11.5 billion decline
in last three months of 2019
Finance

Gross public debt
reaches $91.6 billion
Public sector has more than $10 billion
deposited in banks and Central Bank
Finance

Association of Banks
cuts lending reference rate
Interest cuts
on public debt to follow soon
Finance

Bank interest rates
on deposits cut again
Central Bank circular directs
banks to also cut rates on loans
Finance

Foreign creditors
start discussion group
Imminent decision
on March Eurobond expected
Finance

Banks ask government
to repay Eurobond on time
Bond will mature in March
Finance

Société Générale (France)
is still shareholder in SGBL
French bank set aside provisions
against country downgrade
Finance

Bank Audi sees crisis exit
conditional on will to reform
Annual report: $8.8 billion needed in funding
Finance

Salim Sfeir doesn’t favor
banks to merge currently
Process can be costly
for banks and their employees
Finance

Salameh suspects conspiracy
to subvert financial system
Ten percent of deposits
were withdrawn from banks
Finance

Parliament OKs 2020 budget
$4.3 billion deficit
38 percent of lawmakers voted in favor of bill
Finance

Central Bank: No haircut
on depositors says the law
Statement made in response to Khalaf Al Habtoor
Finance

Forex counters set LL2,000
ceiling on dollar purchases
Dollar has been selling at LL2,050
at money changers at midday
Finance

Online money transfers
allowed between banks
Caps are placed on amounts
with flexibility toward business
Finance
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