Lebanon Businessnews News
 
Finance

11 Lebanese banks sued for
knowingly aiding Hezbollah
Plaintiffs bring action in a New York court.
More similar lawsuits are being filed
Finance

Rahmeh brothers
to invest in Bankmed
Total contribution to be below
ten percent of the bank
Finance

$20 million EBRD loans
to BUTEC for smart metering
First corporate loan by European Bank
Finance

T-bills highly
oversubscribed
15-year bills offered at 10.92 percent.
Central bank subsidized 0.42 percent
Finance

UPDATE: Lebanon’s outlook
downgraded by Moody's
Cites rising risks to liquidity position and financial stability
Finance

Areeba launches first
digital and cashless society
Beirut Digital District promotes cashless culture
Finance

Housing Bank loans
to reach $100 million in 2018
The bank exceeded its quota,
provided its own subsidies
Finance

Phoenician Funds
invests in Bluering
Investment will enhance
geographic expansion
Finance

Bank of Beirut buys
Luxembourg bank
Assets of acquired bank total $291 million
Finance

Bank Audi offers $200 million
for green energy projects
Audi secures $90 million from European Bank and $10 million from TaiwanICDF
Finance

Average maturity of deposits
nearly quadruples in one year
Longer tenure reduces risks of bank runs
Finance

Lira-dollar margin widens
by 1.15 to three percent
Interest rates difference widest since 2005
Finance

US sanctions against Iran
will not affect local banks
Lenders are already in full compliance
Finance

Smallest banks have
highest growth in assets
Loans to customers surge 59 percent
Finance

Banks’ capital adequacy
continues to rise
Banks need now to focus more on profitability
Finance

$325 million sought
to buy unsold properties
Novel investment scheme being proposed
Finance

Solidere shares
soar and readjust
Prospects of new Cabinet
boost investor appetite
Finance

$66.3 million interest
subsidy for housing loans
Loans granted via the Public Corporation for Housing
Finance

Lump sum tax
postponed again
In response to demands by private sector
Finance

Housing Bank resumes
mortgage loan subsidies
The bank is seeking loans from
Arab Fund and EBRD
Finance
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