Lebanon Businessnews News
 
Finance

Credit Libanais pursued
by two additional suitors
Cedrus and BIT ready to offer more
FinanceArchive

e-Payment security
by Bank Audi
Two services developed with MasterCard and Visa
FinanceArchive

Banks deny stoppage
in transfers from Saudi
Media reports are groundless
FinanceArchive

Byblos Bank buys
Banque Pharaon & Chiha
Deal valued at $91 million
involves the Rahmeh brothers
FinanceArchive

Torbey camp prevails
in sale of Credit Libanais
EFG Hermes to sell 63 percent
share for $492 million
FinanceArchive

Banks hold 54 percent
of public debt
Treasury can meet Eurobond maturities
FinanceArchive

Record public debt
at $70 billion
Debt-to-GDP ratio stabilizes and
lower oil prices bolster budget
FinanceArchive

Standard e-payment
mobile app takes off
Spearheaded by CSC Bank, in partnership
with 14 banks, CashUnited, and LibanPost
FinanceArchive

Bank deposits
up five percent
Public and private
financial needs are secure
FinanceArchive

IFC extends loan
to Fransabank arm
To provide more environment friendly loans
FinanceArchive

Moneylenders regulated
by the Central Bank
Minimum capital set at $1.33 million
FinanceArchive

Loans guaranteed by Kafalat
down by 19 percent
Agriculture sector gained the largest share
FinanceArchive

Islamic Bank loan
for hydropower plants
Part of the Beirut Water Supply Project
FinanceArchive

Speed@BDD invests
$180,000 in startups
First batch to seek more investment
FinanceArchive

Illicit money outflow
reached $2 billion per year
Hot money and trade
mis-invoicing are main factors
FinanceArchive

BDL assets at $91 billion
up by a yearly six percent
Assets from exchange operations of financial instruments was main growth driver
FinanceArchive

$67 million in tech startups
invested in last three years
Demand for funds could
reach $80 million annually
FinanceArchive

Central Bank extends
subsidized loan program
Beneficiaries include small businesses and home buyers
FinanceArchive

30 percent of corporate
income goes on taxes
20 different duties are paid yearly
FinanceArchive

Berytech Fund
invests $20 million
Equity injected in 12 local SMEs
FinanceArchive
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