Lebanon Businessnews News
 
Finance

BDL names Ahmad Safa
Al Baraka temporary director

Former director of the bank has stepped down
Finance

Capital EE-managed fund
buys 20 percent of Dairiday

Deal involves $2 million capital increase
Finance

Central Bank to manage
Creditbank temporarily

Names Muhammad Baasiri, former Deputy Governor, as director
Finance

FX reserves up
by over $1 billion

Central Bank policy forces the State to balance the budget
Finance

Green Fund launched
for private sector lending

UNDP and Cedar Oxygen looking into projects worth $50 million
Finance

Currency in circulation
dropped by 31 percent

Stability reached since July
Finance

$34 million plan to restore
fiscal management functions

Disbursements to be linked to performance
Finance

Court revokes writing off
BDL obligations to banks

Provision was key to government recovery plan
Finance

Depositors allowed to
withdraw $150 per month

From foreign currency accounts opened since onset of crisis
Finance

Solidere shares soar
amid surge in trading

Rally anticipates decision about lollar deposits
Finance

Lollar is closer
to become useless

Demand will stop when bank loans are paid back
Finance

Small size LL100,000 bills
in circulation in December

Money supply will not be affected
Finance

Foreign currency reserves
increase by $430 million

Growth driven by BDL’s new monetary policy and FX interventions
Finance

More depositors allowed
to benefit from Circular 158

Funds can be withdrawn from post October 2019 accounts
Finance

$1.8 billion withdrawn
so far under Circular 158

181,000 depositors have benefited
Finance

E-wallets allowed
to carry up to $50K

Upper limit for individuals set at $3,000
Finance

$2.5 billion in profits
earned on Sayrafa platform

World Bank: Depleting BDL reserves
with short-lived lira appreciations
Finance

$20 million fund
for renewable energy

Will finance 25 companies
at commercial interest rates
Finance

$77 million industrial loans
approved by Cedar Oxygen

To fund raw material imports
and purchases of machinery
Finance

World Bank report says
bank sector too big to bail

Recommends conversion
of large deposits to equity
Finance
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