Lebanon Businessnews News
 
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

Bank deposits drop
despite interest rate hike
Lending to private sector and
Central Bank’s foreign reserves decline
Finance

$450 million available
for housing loans
Riad Salameh: We remind
everybody that the lira is our currency
Finance

Central Bank to provide
dollars for commodity imports
Traders of wheat, medicine, and fuels to benefit from funding
Finance

$300 million for road, energy
and industrial projects
Financing provided by European
Investment Bank, DEG, Proparco, and Finnfund
Finance

There are enough dollars
to meet market demand
Central Bank: There is no need for special measures
Finance

Jammal Trust Bank’s
liquidation approved
Rights of employees and
depositors are preserved
Finance

$2 billion
Eurobond issue underway
Move comes amid improvement in bond prices
Finance

No new taxes
in 2020 budget
Many of the 94 public institutions
and facilities are no longer needed
Finance

2020 draft budget
is ready for debate
Proposed deficit is at 5.7 percent of GDP
Finance

$1 billion extra expected
soon by the Central Bank
Potential for securing more funding
Finance

Central Bank’s gold reserves
jump 26 percent in 12 months
Improvement driven by surge in global prices
Finance

Deposits are secure at
Jammal Trust Bank
Liquidity is available
to meet the needs of legitimate accounts
Finance

Central Bank’s reserves
up $1.4 billion in two weeks
Growth comes from non-resident private sector depositors
Finance

85 percent cuts
on overdue tax fines
Repayment by installment is allowed
Finance

Freddie Baz
leaves Bank Audi
Marc Audi appointed
as Vice-Chairman
Finance
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