Lebanon Businessnews News
 
Finance

Low-interest loans
to industrial companies

Banks will stop legal action
against defaulting manufacturers
Finance

Finance

Foreign currency access to
food, raw material importers

Ceiling of $300,000 per manufacturer
Finance

$11 billion CEDRE financing
to be cut to $6.4 billion

Reprioritization of projects and
cutting of execution period
Finance

Banks feeling shunned
offer own financial plan

Focus on avoidance of default
on internal State obligations
Finance

Banks say that they
do not need a bailout

Ready to discuss repayment
schedule with government
Finance

Sale of Bank Audi Egypt
to UAE Bank put on hold

Challenging economy in UAE
is the cause of halt
Finance

Banks Association replaces
debt restructuring advisor

GSA hired to negotiate with the government
Finance

Gov’t new banks plan
is the work of amateurs

Banking Control Commission:
It is the prerogative of the Central Bank
Finance

Salameh sees no need
to haircut bank deposits

“There has never been a haircut
on deposits anywhere”
Finance

Central Bank mandates
dollar conversion at LL3,200

Circular applies to money changers
Finance

Loan repayment suspended
for six months by Parliament

Beneficiaries: Firms affected
by virus, minimum wage earners
Finance

Three firms hired
to audit Central Bank

Specialized in forensics
accounting, regulatory issues
Finance

Double your dollars program
launched by Bank Audi

Augmented fresh deposits
can be immediately spent locally
Finance

Money changers go on strike
against rise in exchange rate

Rise driven by rumors
and unlicensed outlets
Finance

Finance

Foreign currency withdrawals
will be made in lira

Fresh money and small depositors
excepted from BDL decision
Finance

Foreign wires via non-banks
at market-rate liras

Money transfer companies to
sell dollars back to Central Bank
Finance

Billion dollar lawsuit
settled by BankMed

Money deposited by IMMS
will remain frozen until maturity
Finance

Borrowing interest rates
reduced in all currencies

BRR lowered to 5.75 on dollar
and to 7.75 on lending in lira
Finance
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