Banque du Liban (BDL), Lebanon’s central bank, is preparing an economic stimulus to help the struggling Lebanese economy, which is under pressure from the ongoing unrest in Syria, BDL Governor …
Category:
Banking & Finance
-
-
“Everything else being equal, I don’t foresee better economic conditions than the ones prevailing in Lebanon. If we can sustain the current levels it’s a positive thing. We need to …
-
“I am afraid that the profits of the local banks will fall by 25 percent at the end of the year” “It is not collapsing, but it is on the …
-
NSSF crackdown yields results The National Social Security Fund (NSSF) — Lebanon’s largest insurance company and the public provider of social security to the private sector — has been cracking …
-
Lebanon’s Transportation and Public Works Minister Ghazi Aridi after the Cabinet extended Middle East Airlines’ exclusivity deal for another 12 years:“We did not extend exclusivity to a normal company, but …
-
Deposit outflow for the banking sector The banking sector in Lebanon registered an outflow in deposits of $110 million in July after growing by an average of $700 million each …
-
Tighter times for Lebanese banks Lebanese banks’ first-half results have revealed tougher market conditions. Overall for the banking sector, deposits grew by just $3.2 billion in the first five months …
-
“This summer season is not only over, you can say it has been martyred!” “We expect profits to fall by 4 to 5 percent and this is linked to the …
-
“Entrepreneurs in Lebanon are not mature enough and not trained well enough to become investment ready, but once they are investment ready, they could find money here, in Jordan or …
-
And then there were 8… Lebanese banks lost ground in The Banker magazine’s latest survey of the top 1,000 commercial banks in the world. Eight Lebanese banks made the list, …