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Finance

LCB, two exchange firms face US lawsuit
US seeks $483 million in penalties for alleged money-laundering scheme
FinanceArchive

Banks pay STL funds
ABL to transfer $32 million to HRC to cover international tribunal funding
FinanceArchive

Arab stock index
Solidere and BLOM listed on new Arab stock exchange index ‘S&P AFE 40’
FinanceArchive

Rules for financial operations
Central Bank regulates operations on financial derivatives for non-residents
FinanceArchive

Higher capitals required
Central Bank raises minimum capital required for money exchange firms
FinanceArchive

Resilient to regional risks
Salameh downplays Moody’s negative outlook; denies high credit exposure
FinanceArchive

Exemptions for displaced
Citizens benefitting from 'loans to displaced' exempted from fees
FinanceArchive

Byblos opens e-BRANCH
Byblos Bank launches first electronic branch in its Ashrafieh headquarters
FinanceArchive

Negative outlook
Moody's changes outlook on banking system to negative from stable
FinanceArchive

Growth Capital Fund
Abraaj Capital, Cisco, and European Investment Bank launch $50 million-fund
FinanceArchive

Eurobonds swapped
64 percent of debt notes maturing in 2012 exchanged for lower interest rates
FinanceArchive

Lebanon not targeted by sanctions
Central Bank does not hold Syrian state assets: Salameh
FinanceArchive

Saudi partner exits Bemo
Saudi Fransi to sell ten percent of BEMO Lebanon, and 27 percent of Syrian subsidiary
FinanceArchive

Empowering women financially
National Commission for Lebanese Women and Fransabank sign cooperation protocol
FinanceArchive

Financial Access and Stability
Instability in region, higher food and fuel prices to impact economy: World Bank report
FinanceArchive

Banks in Syria see profits rise
Syrian affiliates of Lebanese banks see 13 percent drop in assets compared to end-2010
FinanceArchive

Microfinance development
USAID trains officers from microfinance institutions on serving micro enterprises
FinanceArchive

Banks cautious on sovereign risk
President of ABL urges government to put a ceiling for budget deficit
FinanceArchive

S&P measuring banking sectors' risks
Banking sector has “extremely high” credit risk due to sovereign exposure, report says
FinanceArchive

Encouraging green ventures
Central Bank publishes index on incentives to loans for eco-friendly projects
FinanceArchive
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