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~~Finance~~

Banks to generate
$1.2 billion in taxes
The levy on swap profits is
enough to cover salary scale

Lebanon Seed Fund
launched by Flat6labs
Investments range
$30,000 to $500,000 each

Bank assets
four times GDP
Deposits up seven
percent, loans three percent

BSL provides zero
percent housing loan
Requirements: Prepayment to the bank, standing orders

BSE trading volume
up 60 percent in 2016
Good prospects for the year ahead

$2.8 billion needed
for Syrian refugees
Taskforce includes
public sector, donors, NGOs

Housing Bank
lowers its rates
Mortgage interest cut
from five to three percent

Lucid Investments
gains banking license
To execute growth strategy in activities and scope

BLC Invest: No more
Folded into BLC Bank
To focus more on commercial banking

$14 billion raised
by the Central Bank
Nets around $5 billion from abroad

Oger sells 20 percent
stake in Arab Bank
Buyers include Arab investors and bank’s chairman

$50 million private equity
targets family businesses
Fund not part of circular 331

$1 billion stimulus
from Central Bank
One percent interest rates

BLOM buys
HSBC Lebanon
Deal value: $129-$144 million

Bank deposits show
record growth since 2010
Most are from abroad

Audi writes off $191 million
in Syria, Sudan investments
Positive growth in all Q3 indicators

Berytech Fund I exits
three companies for $800,000
PayPlug, Active Identity, and Cook & Eat Lebanese

Solidere shares soared
on positive political news
Further increases expected

Kafalat iSME invests
$600,000 in Falafel Games
Amount forms part of a $2.6 million equity funding

RoboBank!

Novot, a first in the Middle East

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