Lebanon Businessnews News
 
Finance

$12 billion drop
in bank deposits

$2 billion increase in
residents’ foreign currency savings
Finance

Central Bank buys
$2 billion in Treasury bills

Terms are at one percent rate
despite IMF warning
Finance

Automatic exchange of
bank data with Switzerland

Shared information will cover tax matters
Finance

Deficit wider than planned
by the Ministry of Finance

Fourth quarter revenues
40 percent below forecast
Finance

Private sector campaign
calls for tax disobedience

To negotiate debt rescheduling with banks
Finance

Interest rates
are cut in half

Ceiling on dollar deposits
set at five percent, 8.5 percent on lira
Finance

$1.5 billion Eurobond
repaid by Central Bank

First issue to mature
since the start of the crisis
Finance

One billion dollar lawsuit
pits BankMed against a client

Oil trader filed in New York and Beirut
Finance

Central Bank’s foreign assets
down $800 million in November

Decline partly due to debt service payments
Finance

Foreign currency debt down
three percent so far in 2019

Almost two thirds of public debt is in lira
Finance

Central Bank and banks
defend Bank Audi from smear

Accusations on TV and social media
deemed defamatory
Finance

Checks and credit cards
limited to local transactions

Unlimited withdrawals in LL
$1,000 per week
Finance

NO HAIRCUT!
LOWER INTEREST RATES

Central Bank pledges support to the official exchange rate
Finance

Banks shocked and awed
by capital increase demand

Valuation and investor appetite are major obstacles
Finance

The banks’ pulling of credit
could lead to food shortages

Foreign exchange counters
cannot cope with demand for liquidity
Finance

USD rate
LL1650-1,715

InfoPro has started a daily survey
Finance

Bank deposits drop
despite interest rate hike

Lending to private sector and
Central Bank’s foreign reserves decline
Finance

$450 million available
for housing loans

Riad Salameh: We remind
everybody that the lira is our currency
Finance

Central Bank to provide
dollars for commodity imports

Traders of wheat, medicine, and fuels to benefit from funding
Finance

$300 million for road, energy
and industrial projects

Financing provided by European
Investment Bank, DEG, Proparco, and Finnfund
Finance
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