“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 Audi
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What BankMed is to the Hariris, BLOM Bank to the Azharis, BLC and SGBL to the different lines of Sehnaouis, Bank Audi to the Audis and Creditbank to the Khalifes is…
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The alpha bankers had a good year. Profits for 2014 showed surprising strength by growing 9.13 percent year on year to LBP 2.8 trillion ($1.9 billion) for the 14 banks…
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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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As 2014 was winding its way from present to past, the Lebanese market’s top banking buzzword was resilience. In interviews throughout the year as well as in year end conversations…
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Arab markets trended up or flat with positive bias at a rate of three to one in the 35th week of the year. Indices were intonating pretty much the same…
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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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Lebanese banks have enjoyed a long history of Iraqi businessmen coming to the country and banking here, or so boasts Makram Sader, secretary general of the Association of Banks in…
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The countdown is on, with just a month to go before the United States’ Foreign Account Tax Compliance Act (FATCA) goes live on July 1. Aimed at curbing tax evasion…
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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…