Banking & Finance

Lebanon’s banking crisis is yet to offer depositors any cushion to soften the blow of capital control restrictions, a crumbling currency, and an uncertain future. As depositors become well versed …

In periods of economic uncertainties, people look for safe havens to preserve the value of their money and assets, and the choices of investors during the current global and local …

“You can take it to the bank,” is an idiomatic expression commonly uttered by someone – usually a politician or manly man with business power – to express a very …

One banker, interviewed for this issue, said it: “Bankers feel threatened, bullied, and feel that they are [made to bear] responsibility for something that they did not do.” The stewards …

Introduction by Executive Editors When the Council of Ministers approved an economic reform program at the end of April, 2020, then-Prime Minister Hassan Diab hailed the plan with the epithet …

Alternative medicine has been sitting in the shadow of traditional, Western medicine for some time in Lebanon: alternative medicine. Though it is not controversial, alternative medicine is still seen as …

In March 2017, The Economist reported that Intel, the giant American chipmaker, paid $15.3 billion for Mobileye, an Israeli firm at the forefront of developing autonomous-car technology. The deal was …

The Alpha Report by Bankdata Financial Services covers 14 banks, each of which have deposits exceeding $2 billion and collectively represent the lion’s share of banking activity—holding 87 percent of …

Home loans account for more than a quarter of local banks’ private sector lending. This is in large part thanks to subsidized loans from Banque du Liban (BDL), Lebanon’s central …