“You can take it to the bank,” is an idiomatic expression commonly uttered by someone – usually a politician or manly man with business power – to express a very…
Bank
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Change is a universal constant. For philosophical fineries adorning the ‘change is eternal’ concept and for musings on the durability of change, see classical works, beginning with the fragments that…
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Gray, when not taken as the zone between black and white but as the color of unobtrusiveness and understatement — as well as secretive sway — has long been employed…
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This article is part of an Executive special report on wealth management and private banking. Read more stories as they’re published here, or pick up September’s issue at newsstands in…
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For years, big Lebanese banks have operated under a cushy deal: finance government debt, and be rewarded with a handsome profit. While this arrangement has been arguably necessary, it has…
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It could have been a very boring report. In the big picture of Lebanese banking, the classic performance parameters are rather well behaved this year. Assets of commercial banks stood…
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Creditbank Chair Tarek Khalife explains his views on banking and the roots of his strategy to prioritize lending to the private sector. Last week, Executive published a longer piece about Creditbank. …
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When Lebanon was on its descent into civil war in 1975, some militia bosses sicced the ‘poor’ upon the ‘rich’, telling their followers to loot the Spinneys store in Ramlet…
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International banks have been leaving the Lebanese market or selling off some of their operations. Last year, HSBC reported that they were to discontinue any sale of their investment and…
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Freddie Baz is a shareholder and board member of Istanbul-based Odeabank. He is also the chief financial officer of Audi Group, Odea’s parent. Most importantly, he is the personification of…
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