Lebanon Businessnews News
 
Finance

Dollar exchange premium
capped at 30 percent
Central Bank regularizes parallel market
Finance

State Prosecutor suspends
ruling to freeze bank assets
Judge Oueidat says move
could lead to financial chaos
Finance

Banks advocate
for Eurobond swap
Selim Sfeir: The picture
of tomorrow is drawn today
Finance

Michel Accad Bankmed’s
Executive General Manager
He will replace Raoul Nehme
who became Minister of Economy
Finance

Orderly default
sought by government
Advisory firms were hired
to help negotiate debt rescheduling
Finance

Government to ask for
grace period for Eurobond
Lebanon pays $71 million
in coupons due on bonds
Finance

Interest rate cuts on
subsidized housing loans
Banque de l’Habitat at 4.75 percent
Public Corporation for Housing at three percent
Finance

Fitch: reserves sufficient
for external debt payments
Conditional on
maintaining capital controls
Finance

More downgrades
by S&P and Moody’s
Ratings are ten notches
below investment grade
Finance

Twelve firms invited
to bid for financial advisor
Looking at all options
and repercussions concerning debt
Finance

Eurobond yield
hits 1,500 percent
Bond prices plunge
amid restructuring news
Finance

$15.5 billion drop
in total bank deposits
$11.5 billion decline
in last three months of 2019
Finance

Gross public debt
reaches $91.6 billion
Public sector has more than $10 billion
deposited in banks and Central Bank
Finance

Association of Banks
cuts lending reference rate
Interest cuts
on public debt to follow soon
Finance

Bank interest rates
on deposits cut again
Central Bank circular directs
banks to also cut rates on loans
Finance

Foreign creditors
start discussion group
Imminent decision
on March Eurobond expected
Finance

Banks ask government
to repay Eurobond on time
Bond will mature in March
Finance

Société Générale (France)
is still shareholder in SGBL
French bank set aside provisions
against country downgrade
Finance

Bank Audi sees crisis exit
conditional on will to reform
Annual report: $8.8 billion needed in funding
Finance

Salim Sfeir doesn’t favor
banks to merge currently
Process can be costly
for banks and their employees
Finance
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