The latest newcomer to the top ‘alpha group’ category of banks — those with more than $2 billion in deposits — is Creditbank, a player that aims to be the …
Tag:
Bank
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Lebanon’s bankers and the government are a close-knit family, and like any family they have a love-hate relationship. In this particular homestead, the kindred glue that binds them together is …
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Endless queues at ATMs, protests in front of Parliament, banks closed for 12 consecutive days and businesses under increasing pressure to continue operating: the eastern Mediterranean island of Cyprus, just …
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It has been a difficult year for the Lebanese banking sector. While deposits are only marginally down on 2010, Arab uprisings have affected banks’ regional operations and the Lebanese economy …
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In early March 2008, HSBC announced that its UAE brokerage arm, HSBC Middle East Securities (HMES), had received a license from the Emirates Securities and Commodities Authority (ESCA) to operate …
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Following the failed merger talks between Banque Audi and Banque Libano-Francaise in 2002, few anticipated the announcement of last month’s $159 million merger acquisition of Banque Audi and Banque Saradar. …
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