The Lebanese insurance industry seems to be in need of new energy. Not only in terms of its objective to participate in the covers of the future oil and gas …
Category:
Banking & Finance
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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 …
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Oussama Kaissi is the chief executive officer of the Islamic Corporation for the Insurance of Investment and Export Credit (ICEIC), the insurance arm of the Islamic Development Bank (IDB). The …
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It is understandable that Freddie Baz, the chief strategist of Lebanon’s largest bank, Bank Audi, presented a divergent view from the central bank’s narrative explaining the latter’s financial engineering (see …
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When compared with the banking sector and the initiatives taken by Banque du Liban (BDL), the year was unnervingly quiet for the country’s insurance industry. Preliminary information on the performance …
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Over recent years, central bankers of the world have tried several conventional measures to revive economic growth in the aftermath of the Great Recession and re-establish trust in the financial …
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This spring there was considerable commotion in Lebanese economic and financial circles as rumors surfaced that the country’s largest bank was engaged in scenario exercises about moving its corporate head …
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“It was a very frustrating year in terms of investment banking. we had a few successful stories in raising capital for companies but nothing where the core business was in …
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“That law has been approved in the Cabinet and I met with [Speaker] Nabih Berri and he promised me it will be in the first parliamentary meeting. That law will …
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François Bassil is the chairman and general manager of Byblos Bank and head of the Association of Banks in Lebanon. Bassil sits down with Executive to talk about the bank’s …