Lebanon Businessnews News
 
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

One billion dollar lawsuit
pits BankMed against a client
Oil trader filed in New York and Beirut
Finance

Central Bank’s foreign assets
down $800 million in November
Decline partly due to debt service payments
Finance

Foreign currency debt down
three percent so far in 2019
Almost two thirds of public debt is in lira
Finance

Central Bank and banks
defend Bank Audi from smear
Accusations on TV and social media
deemed defamatory
Finance

Checks and credit cards
limited to local transactions
Unlimited withdrawals in LL
$1,000 per week
Finance

NO HAIRCUT!
LOWER INTEREST RATES
Central Bank pledges support to the official exchange rate
Finance

Banks shocked and awed
by capital increase demand
Valuation and investor appetite are major obstacles
Finance

The banks’ pulling of credit
could lead to food shortages
Foreign exchange counters
cannot cope with demand for liquidity
Finance

USD rate
LL1650-1,715
InfoPro has started a daily survey
Finance
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