Lebanon Businessnews News
 
Finance

Eurobond credit insured
to get $400 million indemnity
More payouts expected as
government declared total default
Finance

Payment moratorium
on all Eurobond issues
Presentation to creditors
scheduled for Friday
Finance

Banks required to grant
zero-interest loans until May
Customers to use proceeds for
salaries, operations, and debt payment
Finance

Some bank branches
to open during lockdown
ATMs, payment cards and
salary payments unaffected
Finance

Dollar peg to be kept
in the foreseeable future
Governor of the Central Bank
to keep his post
Finance

$35 million raised
by EIP Levant Fund
Up to $40 million
investments in local SMEs
Finance

Banks pledge to ease
transfers and withdrawals
Deposits in dollar
will not be forcefully converted into lira
Finance

Oxygen Fund for imports
of industrial raw materials
Platform to raise
$750 million scalable to $3 billion
Finance

Will bondholders
negotiate or litigate?
Eurobond prices crash again
Finance

Foreign currency reserves
$22 billion at-hand
No ‘Haircut’ and fuel tax
VAT to be increased on luxury goods
Finance

Eurobond payments
have been suspended
Talks with Ashmore and
Fidelity already underway
Finance

Dollar exchange premium
capped at 30 percent
Central Bank regularizes parallel market
Finance

State Prosecutor suspends
ruling to freeze bank assets
Judge Oueidat says move
could lead to financial chaos
Finance

Banks advocate
for Eurobond swap
Selim Sfeir: The picture
of tomorrow is drawn today
Finance

Michel Accad Bankmed’s
Executive General Manager
He will replace Raoul Nehme
who became Minister of Economy
Finance

Orderly default
sought by government
Advisory firms were hired
to help negotiate debt rescheduling
Finance

Government to ask for
grace period for Eurobond
Lebanon pays $71 million
in coupons due on bonds
Finance

Interest rate cuts on
subsidized housing loans
Banque de l’Habitat at 4.75 percent
Public Corporation for Housing at three percent
Finance

Fitch: reserves sufficient
for external debt payments
Conditional on
maintaining capital controls
Finance

More downgrades
by S&P and Moody’s
Ratings are ten notches
below investment grade
Finance
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