“We should resign ourselves to the fact that the ‘new normality’ is characterized by volatility and uncertainty” “Looking forward it’s gloomy and at best, the economies will not perform. Far …
Banking & Finance
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With the European sovereign debt crisis taking center stage last month, the United States economy still in tatters and uprisings continuing in parts of the Middle East, uncertainty prevailed in …
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Gold boosts BDL assets Total assets at Banque du Liban (BDL), Lebanon’s central bank, rose 6.2 percent in August to reach $72.75 billion, mainly due to an increase in the …
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Beirut SE Current year high: 886.37 Current year low: 882.02 > Review period: Closed August 26 at 886.37 points Period Change: -3% Investors found little time for Beirut stocks in …
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BLOM Stock Index (BSI) Weighted effective yield of eurobonds Equity update The slump in global equity markets, along with the new issue of $1.2 billion of Lebanese Sovereign debt on …
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With the global economic recovery from the 2008 financial crisis stalled, wealth managers and high net worth individuals are wary of yet another credit crunch — and they would rather …
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Regulating the markets Having been put on the backburner for the past five years, a draft law to regulate capital markets and insider trading was finally approved by Lebanon’s parliament …
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Beirut SE Current year high: 1,039.30 Current year low: 842.04 > Review period: Closed July 24 at 886.92 points Period Change: +0.27% The traditional post-government formation rally failed to materialise. …
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Lebanese equity markets BLOM Stock Index (BSI) Weighted effective yield of Eurobonds Equities update Although political tensions in Lebanon eased following the formation of a new cabinet, investor sentiment remained …
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Lebanon’s newest bank receives BDL approval Banque du Liban (BDL), Lebanon’s central bank, granted its final approval for the establishment of the country’s newest specialized private bank, Cedrus Invest Bank, …
