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, …
Special Report
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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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Whether the title is general manager or chief executive, or the role is niche player or regional rover, the best way to dress for survival as an insurance company in …
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Insurance often does not have the most sterling of reputations as a career or a mindset — even among insurance professionals. When an up-market British insurance broker last February wrote …
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When economic times are tough for Lebanese companies, insurers get singed. Less international trade means fewer cargo insurance contracts. Less hiring means fewer premiums invested in employee needs. Fewer overland …
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Operating a high-end diagnostic center in Lebanon may be life saving, commendable and personally rewarding, but the financial returns are unlikely to match those from a plastic surgery outfit. Imbalances …
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The venture was conceived to solve a problem of medical claims management for several Lebanese insurers in 1991, right after the country’s civil war ended. Today, GlobeMed Group has 800 …
