Lebanon Businessnews News
 
Finance

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

US' eye on banking sector
Treasury Department official in Beirut to “highlight importance of maintaining transparent financial sector”
FinanceArchive

Refinancing debt
Standard Chartered, Deutsche Bank, Fransa Invest to manage swap of $2 billion in Eurobonds
FinanceArchive

Kafalat loans down
Guaranteed loans drop by nine percent y-o-y in first nine months of 2011
FinanceArchive

Bank for the Poor
With a $5 million capital, the bank intends to extend small loans to underprivileged citizens; operations to start by mid-2012
FinanceArchive

Byblos profits at end-September
Bank’s net income rises by six percent during first nine months of 2011
FinanceArchive

Audi goes to Turkey
Bank Audi obtains license to operate subsidiary in Turkey with a capital of $300 million
FinanceArchive

Bank consortium lends ‘Venus Towers’
Al Mawarid and four other local banks extend $28 million loan to Venus Real Estate Development
FinanceArchive

BLOM reports steady growth
Profits in first nine months of 2011 at $236 million, assets stand at $23 billion
FinanceArchive

BEMO Bank profits for Q3 2011
Profits at $7 million unchanged from Q3 2010; total revenues slightly drop
FinanceArchive

BSE to become private institution
Central Bank seeks to form tax-exempted financial hub: Salameh says
FinanceArchive

Audi sees seven percent rise in earnings
Bank Audi allocated $60 million in additional provisions in first nine months of 2011
FinanceArchive

Support to production loans downsized
Ministry of Finance cuts subsidy on loans to productive sectors to 4.5 percent
FinanceArchive

ABL, KAFALAT hold seminar
World Bank’s MIGA offers cross-border guarantees for investments less than $10 million
FinanceArchive

CDS spreads widen in third quarter
Lebanon’s debt less risky than Dubai, Italy, and Greece: report says
FinanceArchive

Banks deal with Syrian sanctions
ABL committee issues recommendations for banks to cope with sanctions on Syria
FinanceArchive
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