Lebanon Businessnews News
 
Finance

Bank for the Poor
With a $5 million capital, the bank intends to extend small loans to underprivileged citizens; operations to start by mid-2012
FinanceArchive

Byblos profits at end-September
Bank’s net income rises by six percent during first nine months of 2011
FinanceArchive

Audi goes to Turkey
Bank Audi obtains license to operate subsidiary in Turkey with a capital of $300 million
FinanceArchive

Bank consortium lends ‘Venus Towers’
Al Mawarid and four other local banks extend $28 million loan to Venus Real Estate Development
FinanceArchive

BLOM reports steady growth
Profits in first nine months of 2011 at $236 million, assets stand at $23 billion
FinanceArchive

BEMO Bank profits for Q3 2011
Profits at $7 million unchanged from Q3 2010; total revenues slightly drop
FinanceArchive

BSE to become private institution
Central Bank seeks to form tax-exempted financial hub: Salameh says
FinanceArchive

Audi sees seven percent rise in earnings
Bank Audi allocated $60 million in additional provisions in first nine months of 2011
FinanceArchive

Support to production loans downsized
Ministry of Finance cuts subsidy on loans to productive sectors to 4.5 percent
FinanceArchive

ABL, KAFALAT hold seminar
World Bank’s MIGA offers cross-border guarantees for investments less than $10 million
FinanceArchive

CDS spreads widen in third quarter
Lebanon’s debt less risky than Dubai, Italy, and Greece: report says
FinanceArchive

Banks deal with Syrian sanctions
ABL committee issues recommendations for banks to cope with sanctions on Syria
FinanceArchive

Audi eyes Turkish expansion
Bank Audi in talks to obtain license to operate in Turkey, reports say
FinanceArchive

Raising the bar
Central Bank plans to raise top quality reserves requirements to 12 percent
FinanceArchive

CSC obtains license to issue JCB cards
Agreement allows CSC to issue credit cards by Japan-based global payment brand
FinanceArchive

External debt looks good
Merrill Lynch and Barclays Capital’s ratings recommend Lebanese Eurobonds
FinanceArchive

Solidere gets 'Over Weight'
Fair value per share $22, longer-term prospects more attractive: FFA report
FinanceArchive

No doubts on banking sector
Salameh says local banks invulnerable to Europe’s sovereign risks
FinanceArchive

Bemo to launch Iraq subsidiary in 2012
Bank plans to open a main branch in Kurdistan’s Erbil, after first Baghdad branch
FinanceArchive

Complaint unit for insurance claims
Head of ACAL urges parliament to pass on insurance law to modernize sector
FinanceArchive
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