Beirut SE Current year high: 1,200.49 Current year low: 977.55 > Review period: Closed Aug 24 at 984.24 Points Period Change: -2.6% After 18 weeks of rarely interrupted drops, …
Category:
Finance
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With more than 60 of them jostling for market share, one would expect Lebanese banks to use every trick in the book to lure in customers — including attractive …
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EFG-Hermes is looking once again to control a Lebanese bank, but this time, it appears it may be successful. The largest publically traded investment bank in the Arab world announced …
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The high interest historically paid out by Lebanese banks on deposits in Lebanese lira (LL) made the country an attractive location for stashing cash. At its peak, near the …
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If Muwaffak Bibi is in charge of your money, then you’re sitting on at least $25 million. The regional head of Citi Private Bank recently sat down with Executive to …
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2010 net profits and growth First half 2010 financials from Lebanon’s Alpha Banks Lebanese alpha banks continued to gain profits and assets in the first half of 2010 with Bank …
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Before 2006, Near East Commercial Bank (NECB) was going nowhere. “There was no increase in revenues, no increase in assets — no increase at all,” said Dominique Lang, the Swiss …
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Beirut SE Current year high: 1,200.49 Current year low: 991.49 > Review period: Closed – June 22 at 1079.28 Points Period Change: -1.5% The MSCI Lebanon index trended lower …
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Lebanon’s banking sector has been called many things: the unofficial government, the country’s financial savior, a nepotistic mafia, and that ‘other economy,’ which continuously shines while the ‘real economy’ limps …
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As regional head of commercial banking at HSBC, Simon Vaughan Johnson has a front row seat to the resuscitation of the Middle East’s biggest corporate players. He recently sat down …