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SUBMIT NEWS

~~Finance~~

Saradar Bank buys half of
Vitas microfinance company
Saradar aims to gain a foothold
in the microfinance market

Moneylenders to get
same training as bankers
Central Bank circular regulating
further ‘Comptoirs de crédit’

$2 billion invested
in investment funds
Half are in local funds

Central Bank operation
replenishes foreign reserves
$3 billion raised so far through
program undertaken with banks

$100 million SME VC fund
started by EuroMena
Targeting all sectors except real estate

BDL to raise ceiling for
industrial export soft loans
Conditions to ease
in a bid to benefit SMEs

Banks get to open
more branches per year
BDL Circular aims to expand financial inclusion

Lira T-bills and Beirut land
outperform Dow Jones index
Outpace U.S. three times over in 20 years

BLOM Bank shares
yield highest dividend
Audi raises dividend for
the first time in recent years

EIB offers $303 million
in credit lines to four banks
Funds target SMEs and mid-cap companies

Torbey reelected
Chairman of ABL
Salim Sfeir won one seat

Two lists face-off
in ABL elections
Sfeir leads a ‘List for Change’ VS.
Torbey’s ‘Banking Decision List’

EuroMena buys stake
in Moroccan retailer
Two funds will be launched within six months

$3.2 million for
UK-Lebanon Tech Hub
Fund provided by BDL

GroupMed mulls
selling shares in IPO
Khawaja completes
acquisition of 42.2 percent stake

Angel network
initiative launched
Targets young CEOs from traditional sectors

BLOM redeems
$200 million shares
Bank converts $27 million earnings into capital

Shaker Holdings exits
BLOM Bank for $69.8 million
Main stake bought by other shareholders

BDL to subsidize
financing of exports
Ceiling set at $2 million

No new U.S. sanctions
reported on banking sector
Banking and Parliamentary
delegations return reassured

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