Banking & Finance articles

Visions of community

It’s hurray time for Lebanon’s consumer society. Shopaholics, retail marketers, mall strategists and their assorted public relations minions are gearing up for the launch of the third ABC Mall in Lebanon. The new retail temple is slated to open its doors this summer in Beirut’s Verdun quarter. It will accommodate over 200 stores, including its

Makram Azar

E   Where do you think the next economic bubble is? It’s the broadly defined technology sector, in which you need to differentiate how you approach and analyze each one of these ventures because some of them will be very successful – as the 90s showed us with Amazon, Google, Apple, etc. – yet, many of

Video: Natacha Tannous interviews Makram Azar about banking, US and European Macro Economics and the Middle East

Makram Azar is Chairman of Banking EMEA and Chairman of Barclays Bank PLC, MENA. Makram also chairs the Senior Client Group globally. Mr. Azar joined Barclays in September 2010 from Kohlberg Kravis Roberts & Co (KKR) where he was Managing Director and Head of Middle East and North Africa. Prior to joining KKR, Mr. Azar

Roundup of numbers and sentiments

After a long and depressing dry spell that made local markets yearn for fresh investments, the Lebanese investment climate is looking up, says Jamil Koudim, the head of the asset management team at Beirut-based Banque Libano-Française (BLF). He presides over a family whose offspring has just doubled from a single fund to two. After the

Analysis of banking sector results

The profitability of alpha banks – those with deposits above $2 billion – has grown in the third quarter of 2016 when measured by the improved return on average equity (ROAE). The ROAE ratio at end of September was almost two percentage points higher than a year earlier. This insight from quarterly figures released after

Big money

In May 2016, Banque du Liban (BDL), Lebanon’s central bank, completed the first phase of a swap operation with the Ministry of Finance (MoF). Following that, BDL pulled the financial engineering tool out of its bag. It proceeded to banks with an offer to enter into a transaction in which they would have to bring

Toward a national strategy

Financial literacy is a hot global policy potato that emerged as the flavor of the month for October 2016, according to the taste buds of the Organization for Economic Development and Co-operation (OECD) and a publication by the Association of Banks (ABL) in Lebanon. “Financial literacy, financial capability and consumer protection have been in focus

A view from the other side

Law 161 was passed five years ago to create a financial regulatory agency and structure capital markets in Lebanon. Some market players are becoming restive and others are criticizing omissions in the law’s implementation and aspects of the CMA’s methods. To understand how things look from the CMA’s perspective, Executive sat down with CMA Executive

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