Lebanon Businessnews News
 
Finance

Fransabank ups stake in BLC
to 82 percent

Sehnaoui and other investors exit BLC Bank
Finance

Inbound E-money transfers
must be paid in lira only

Central Bank decision applies to firms like OMT, MoneyGram, and Western Union
Finance

Eurobonds recover
after clarifications on debt

Highest increase in almost a month
Finance

Lira to dollar peg
not being reconsidered

Minister of Finance: Stability
of the local currency is crucial
Finance

Finance minister walks back
on debt restructuring report

Government committed to Eurobond holders
Finance

11 Lebanese banks sued for
knowingly aiding Hezbollah

Plaintiffs bring action in a New York court.
More similar lawsuits are being filed
Finance

Rahmeh brothers
to invest in Bankmed

Total contribution to be below
ten percent of the bank
Finance

$20 million EBRD loans
to BUTEC for smart metering

First corporate loan by European Bank
Finance

T-bills highly
oversubscribed

15-year bills offered at 10.92 percent.
Central bank subsidized 0.42 percent
Finance

UPDATE: Lebanon’s outlook
downgraded by Moody's

Cites rising risks to liquidity position and financial stability
Finance

Areeba launches first
digital and cashless society

Beirut Digital District promotes cashless culture
Finance

Housing Bank loans
to reach $100 million in 2018

The bank exceeded its quota,
provided its own subsidies
Finance

Phoenician Funds
invests in Bluering

Investment will enhance
geographic expansion
Finance

Bank of Beirut buys
Luxembourg bank

Assets of acquired bank total $291 million
Finance

Bank Audi offers $200 million
for green energy projects

Audi secures $90 million from European Bank and $10 million from TaiwanICDF
Finance

Average maturity of deposits
nearly quadruples in one year

Longer tenure reduces risks of bank runs
Finance

Lira-dollar margin widens
by 1.15 to three percent

Interest rates difference widest since 2005
Finance

US sanctions against Iran
will not affect local banks

Lenders are already in full compliance
Finance

Smallest banks have
highest growth in assets

Loans to customers surge 59 percent
Finance

Banks’ capital adequacy
continues to rise

Banks need now to focus more on profitability
Finance
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