Lebanon Businessnews News
 
Finance

Returns on Casino stock shrink
$35 pay out per share, and $143 million in revenues to the Treasury
FinanceArchive

BLOM to pay dividends
Net profits total $84 million during first quarter of 2012
FinanceArchive

Central Bank to help in US tax compliance
Salameh in talks to represent local banks in reporting US accounts
FinanceArchive

Audi raises Capital
Bank’s capital at $304 million through a new preferred shares issuing
FinanceArchive

Cross-border operations regulated
Local banks must abide by rules of their correspondents' home countries: Central Bank
FinanceArchive

Audi profits
up
Net earnings total $94 million in first quarter of 2012 despite higher provisions
FinanceArchive

At $0.12 per common share
Byblos ready to distribute 2011 dividends
FinanceArchive

BBAC raises capital
Closes $80 million Preferred Shares issue
BulletinsArchive , FinanceArchive

Audi profits up
Net earnings total $94 million in Q1 2012 despite higher provisioning
FinanceArchive

BoB: B2B banking portal
Bank of Beirut redesigns branches, launches customer focused initiatives
BulletinsArchive , FinanceArchive

New investment bank
BLC Invest to focus on private equity in Lebanon and MENA
FinanceArchive

Banking secrecy lifted from 18 suspects
335 suspected money laundering and terrorism financing cases handled in 2011 by the financial intelligence unit
BulletinsArchive , FinanceArchive

Modest deposit growth expected in 2012
Fair value for Audi share at $7.5, Byblos share at $1.75, Blom share at $11: FFA equity research
FinanceArchive

BLF soon in Baghdad
Bank to offer retail and corporate banking to Lebanese and Iraqis
FinanceArchive

New debt notes
$600 million in bonds maturing in 2017, $350 million maturing in 2026
FinanceArchive

Major deals drive up stock market
$13 million deal on Audi GDRs, and $3 million transaction on BLOM's listed shares
FinanceArchive

IFC supports Byblos Armenia
Byblos Bank Armenia gets $10 million-loan for housing finance
FinanceArchive

Audi plans capital increase
Board of Directors convene extraordinary assembly on April 10
FinanceArchive

BLC profits total $48 million
Assets total $4.4 billion at end-2011
FinanceArchive

Byblos expands in Iraq
Byblos Bank opens its third Iraqi branch in Basra
FinanceArchive
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