Lebanon Businessnews News
 
Finance

SLCB rebuffs US sanctions
“Our dealings are clean; we are subject to supervision of Central Bank”, bank Chairman says
FinanceArchive

IFC awards Bank of Beirut
BoB awarded ‘Best Letters of Credits Issuing Bank in MENA’
FinanceArchive

BLF launches housing loan saving plan
‘Housing Saving Plan’ offers loans with a cut-rate interest
FinanceArchive

Salameh meets banks
Central Bank would consider 100 percent exemption on reserves for housing loans
FinanceArchive

NSSF offers monthly credit to hospitals
Labor Minister: Hospitals will admit optional coverage patients
FinanceArchive

Byblos share grabs ‘market-weight’
FFA estimates fair value of Byblos share at $1.9; expects annual profits to grow by 11 percent
FinanceArchive

EuroMena II acquires stake in FNB
Private equity fund buys seven percent of First National Bank’s 13.2 million shares
FinanceArchive

Demining action
26,000 mines removed through BLOM’s initiative with the Mine Action Center
FinanceArchive

Lost opportunities
Adnan Kassar: Lebanon failed to seize capital flight from Arab states
FinanceArchive

BankMed announces profit for H1 2011
Net profit increases by 13 percent, assets at $11 billion
FinanceArchive

Banks back economy
Banks ready to support economy through private sector; not by debt refinancing: ABL chief
FinanceArchive

Interests on T-bills stable
Treasury bills auction generates L.L.544 billion; 5-year coupons most attractive
FinanceArchive

New investment bank
Cedrus Invest Bank to kick start with a $44 million capital, more than 30 investors
FinanceArchive

Market-weight for Byblos share
FFA revises outlook on Byblos Bank with a fair value estimate of $1.9 per share
FinanceArchive

New Eurobonds to be released
BLOM Bank and Citibank to manage issuance of $950 million in Eurobonds
FinanceArchive

Series 2011 Preferred Shares by BLOM
Value of the issuance is $200 million divided over 20 million shares
FinanceArchive

Cleared checks at end-June
Checks cleared by the Central Bank at $34.12 billion in first half of 2011
FinanceArchive

Government to refinance maturing debt
MoF seeks to swap $950 million worth of treasury bonds maturing in August
FinanceArchive

Banking sector in good ranking
Ten local banks among top 100 Arab banks; Banking sector ranks 4th in deposits
FinanceArchive

New Qatari bank in Lebanon
QNB receives approval to operate its first branch in Beirut
FinanceArchive
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