Lebanon Businessnews News
 
Finance

Central Bank launches
currency exchange platform
Required to be used by
licensed money changers
Finance

Low-interest loans
to industrial companies
Banks will stop legal action
against defaulting manufacturers
Finance

Solidere share price doubles
compared with October 2019
Trading volume soars six times
Finance

Foreign currency access to
food, raw material importers
Ceiling of $300,000 per manufacturer
Finance

$11 billion CEDRE financing
to be cut to $6.4 billion
Reprioritization of projects and
cutting of execution period
Finance

Banks feeling shunned
offer own financial plan
Focus on avoidance of default
on internal State obligations
Finance

Banks say that they
do not need a bailout
Ready to discuss repayment
schedule with government
Finance

Sale of Bank Audi Egypt
to UAE Bank put on hold
Challenging economy in UAE
is the cause of halt
Finance

Banks Association replaces
debt restructuring advisor
GSA hired to negotiate with the government
Finance

Gov’t new banks plan
is the work of amateurs
Banking Control Commission:
It is the prerogative of the Central Bank
Finance

Salameh sees no need
to haircut bank deposits
“There has never been a haircut
on deposits anywhere”
Finance

Central Bank mandates
dollar conversion at LL3,200
Circular applies to money changers
Finance

Loan repayment suspended
for six months by Parliament
Beneficiaries: Firms affected
by virus, minimum wage earners
Finance

Three firms hired
to audit Central Bank
Specialized in forensics
accounting, regulatory issues
Finance

Double your dollars program
launched by Bank Audi
Augmented fresh deposits
can be immediately spent locally
Finance

Money changers go on strike
against rise in exchange rate
Rise driven by rumors
and unlicensed outlets
Finance

Central Bank clarifies
zero-interest loan scheme
Program extended till June
Finance

Foreign currency withdrawals
will be made in lira
Fresh money and small depositors
excepted from BDL decision
Finance

Foreign wires via non-banks
at market-rate liras
Money transfer companies to
sell dollars back to Central Bank
Finance

Billion dollar lawsuit
settled by BankMed
Money deposited by IMMS
will remain frozen until maturity
Finance
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