Lebanon Businessnews News
 
Finance

Finance

Société Générale (France)
is still shareholder in SGBL

French bank set aside provisions
against country downgrade
Finance

Bank Audi sees crisis exit
conditional on will to reform

Annual report: $8.8 billion needed in funding
Finance

Salim Sfeir doesn’t favor
banks to merge currently

Process can be costly
for banks and their employees
Finance

Salameh suspects conspiracy
to subvert financial system

Ten percent of deposits
were withdrawn from banks
Finance

Parliament OKs 2020 budget
$4.3 billion deficit

38 percent of lawmakers voted in favor of bill
Finance

Central Bank: No haircut
on depositors says the law

Statement made in response to Khalaf Al Habtoor
Finance

Forex counters set LL2,000
ceiling on dollar purchases

Dollar has been selling at LL2,050
at money changers at midday
Finance

Online money transfers
allowed between banks

Caps are placed on amounts
with flexibility toward business
Finance

Lower interest
on banking loans

Reference rate cut to 8.5 percent
on dollar and 11.5 percent on lira
Finance

Tax data exchange
with Switzerland not ready

Lebanon has first to abide by
confidentiality and safeguards standards
Finance

UPDATE -- Eurobond swap
waiting for official go ahead

Debt restructuring will also ensure
repayment to foreign bond holders
Finance

Salameh: Capital control
to ease starting from June

No haircut on deposits in the horizon
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
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