Political turbulence and economic uncertainty have not stopped new banks from opening their doors in Lebanon. For this month’s special report on the banking sector, Executive spoke to the general …
Business
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Ferrying about 1 million passengers from the Middle East to Germany and onward in 2012, Lufthansa continues to make its mark on a region that aviation giants such as Emirates …
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Standing six meters tall, French artist Jean Dubuffet’s blue, red, white and black sculpture decorates the entrance of the Beirut headquarters of Bank Audi, Lebanon’s largest bank. It is one …
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As Raymond Audi, chairman of Bank Audi, Lebanon’s largest bank, walked me through the four floors of their headquarters in Downtown Beirut, I would have thought I was in a …
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Loans have divided societies throughout history, between people who consider them a beneficial product that allows customers to purchase goods they need now and pay for later in the future, …
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Banking 2013: Looking for better horizonsFinance
Banks fleeing the storm
by Maya Sioufiby Maya SioufiLebanese bankers are sailing off to foreign shores to generate growth in profits as turbulence rattles their home country and cripples their neighbours next door. The blood being spilled in …
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Trying to achieve anything online in Lebanon can be a frustrating ordeal, so perhaps it’s no surprise that real growth of electronic banking has been late to emerge. According to …
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Whether for the season’s latest couture, that fancy dinner or more significant bills such as our children’s school tuition, plastic cards are popping out of our wallets three times more …
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In February, thieves stole $45 million from thousands of ATMs worldwide in a matter of hours. In New York City alone, 2,904 machines were hacked, yielding $2.4 million. According to …
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Just in time for the peak travel season, Banque Libano Francaise (BLF) yesterday launched a cobranded credit card in an exclusive partnership with Air France-KLM. The European airline group is …
