If Lebanon’s real estate, banking and tourism sectors can be called the country’s golden sons, then manufacturing is the under-appreciated, underfed and less glamorous black sheep of the family. Last …
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Fateh Bekdache General manager, Arope Insurance In the early 1990s, bank insurance — insurance underwritten by a bank’s own insurance company and distributed as a bank product — started to …
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Lebanon’s insurers soldier on but struggle to hold onto their market without government assistance. Ignored by the government and plagued by a lack of transparency and an oversaturated market, the …
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With praise from international media raining in for his steadiness at Lebanon’s financial helm, Executive sat down with Central Bank Governor Riad Salameh to discuss the current and future state …
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Makram Sader Secretary general, The Association of Banks in Lebanon We have good trends in terms of increases in our deposit base, in terms of increases in our credit portfolio, …
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The reason behind this year’s success in banking and the mood of Lebanese bankers can be summed up in one word: confidence. “If depositors lose confidence in their bank, they …
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With the brunt of the financial crisis bested by the end of 2008, all Lebanon had to fear was the aftershocks of everyone else’s financial earthquake. Lebanese bankers dodged the …
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Beirut SE (1 year) Current Year High: 1,200.49 Current Year Low: 705.56 All things considered, the Beirut Stock Exchange outperformed its regional peers in 2009, when measured at the beginning …
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Companies, companies, everywhere, and nay a share for sale. The ancient mariner could have rhymed to no end about primary markets in 2009 and it looks as if not a …
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During the first quarter of 2009, Lebanon braced itself for a steep fall in remittances. The logic held that the global financial crisis would severely affect remittance inflows from outside …