Find us on facebook Follow us on twitter rss feed
Court revokes writing off
BDL obligations to banks
Provision was key to government recovery plan
The State Council has annulled the decision of the Council of Ministers to write off a big chunk of the financial obligations in foreign currencies that the Central Bank (BDL) owes to the banks.

The decision was part of the governmentís financial sector recovery strategy and aims to reduce the deficit in BDLís equity and close its net open foreign exchange position. The State Councilís verdict came in response to a request submitted by the Association of Banks (ABL) to revoke the Cabinetís decision.

The banksí foreign currency pl
Monoprix is back via franchise to Spinneys owner
First store to open in Hamra this year
Manara Dairy builds plant, adds butter and new cheeses
Total investment of $7 million
$34 million plan to restore fiscal management functions
Disbursements to be linked to performance
Depositors allowed to withdraw $150 per month
From foreign currency accounts opened since onset of crisis
Solidere shares soar amid surge in trading
Rally anticipates decision about lollar deposits
Other local and international press coverage
on business and economic stories on Lebanon

Click to view
Companies | People | Sectors | Topics | Beirut stock exchange | Arab exchanges | International exchanges | Conferences | Exhibitions | Executive training | Incoming missions | Outgoing missions | Databank | Report | Economic Indicators | Business Directory | Loan calculator | Currency converter | Interest rates
Also from
This newsletter is from INFOPRO, the leading business publisher in Lebanon. It is being sent to your email address because you have subscribed to, or advertised in, one of our magazines, or have registered on one of our websites. To unsubscribe, please click here
Is this email in your junk / bulk folder? To ensure that you receive all future newsletters in your inbox, add to your address book and to your white list filters.

© 2024 InfoPro sal. All Rights Reserved