NEWSLETTER
June 27 - July 03, 2020
Find us on facebook       Follow us on twitter             Businessnews.com.lb rss feed
BDL company support circulars
not being followed by most banks
Frequent difficulty in accessing fresh funds
Circulars issued by the Central Bank (BDL) to help private sector employers finance operating expenses and payroll as well as accessing foreign currency funding for imports have largely been ignored by local banks.

In a poll conducted by Infopro Research, banks have rejected more than 90 percent of applications from companies wishing to benefit from BDL circulars (552 and 547) that allow zero-interest loans to cover salaries and operating expenses during the Covid-19 lockdown. BDL had first issued ‘Circular 547’ allowing banks to borrow
...more
BUSINESS
Solidere posts first net profit since 2016
Share price hits record high in seven years
Le Vendome hotel sold to Qatari investors
Deal closed at $35 million
FINANCE
Exchange rate for dollar withdrawals raised to LL3,850
Decision applies to deposits above $3,000
Alain Bifani resigns as Director General of Finance
Second resignation from team negotiating with IMF
JOB FINDER
OPEN POSITIONEXPERIENCE
Accountant6-10 years
Logistics Manager6-10 years
PROPERTY FINDER
APARTMENTS FOR SALE
Achrafieh.233  m2.  3 Bedroom(s), 1 Salon(s), 1 Dining room(s), 1 Living room(s), 4 Bathroom(s), 1 Maid's Room(s). $825,000
Koraytem.420  m2.  4 Bedroom(s), 2 Salon(s), 1 Dining room(s), 1 Living room(s), 6 Bathroom(s), 1 Maid's Room(s). $2,000,000
Koraytem.613  m2.  4 Bedroom(s), 3 Salon(s), 1 Dining room(s), 1 Living room(s), 6 Bathroom(s), 2 Maid's Room(s). $2,600,000
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
Jobs.com.lb        
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 newsletter@businessnews.com.lb to your address book and @infopro.com.lb to your white list filters.

© 2020 Infopro sal. All Rights Reserved