Banking 2013: Looking for better horizons

Towering above the country’s gross national product at some three times the size, Lebanon’s banks deposits (about $127 billion in 2012) make up much of their balance sheets’ liabilities.  The …

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 …

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 …

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 …

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, …

Lebanese 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 …

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 …

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 …

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 …