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by Executive Editors

United States takes bulk of Lebanese financial sector’s foreign investment The financial sector in Lebanon had a $7 billion exposure to foreign debt and equity securities as of the end of last year, representing an 11 percent increase on 2010, according to the central bank. The bulk of the exposure was in long-term debt securities (56 percent) followed by equity securities (42 percent) and a minimal exposure to short-term debt securities (2 percent). For the investment in equities, the United States received the bulk of the flows accounting for 58 percent of the total followed by the United Kingdom at 12 percent, Bahrain at 8 percent, France at 4 percent and Saudi Arabia at 3 percent. For the long-term debt securities, the US and the UK were again in the lead accounting for 31 percent and 22 percent of the total investment respectively. They were followed by the United Arab

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