According to stakeholders in the renewable energy (RE) field, Lebanon’s banking sector is largely and conspicuously still absent in meeting the current needs of RE finance. At the time when…
Tag:
Banking
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Lebanon, the country once known as “The Switzerland of the Middle East” for being a prosperous banking hub with the only secrecy laws in the region, is now in the…
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Chaos is a complex system ruled by discernable patterns where the agency of minute initial changes creates hugely different outcomes. The chaos system, while appearing predictable early on, thus cannot…
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Seven years ago Leila (a pseudonym) and her husband began their life together. Like most couples in Lebanon, they felt pressured to purchase a home right away instead of renting,…
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In this day and age, when someone asks how we’re doing, we often reply with “busy.” We wear our busyness with pride — framed as an indicator of how much…
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Money can’t buy happiness, but it can sponsor cultural events that enrich life in a country that is brimming with troubles. While the primary purpose of a bank is monetary,…
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Money can’t buy happiness, but it can sponsor cultural events that enrich life in a country that is brimming with troubles. While the primary purpose of a bank is monetary,…
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Absolute discretion; the strength of character that engenders trust; the emotional intelligence that enables one to gauge a client’s needs, wants and insecurities; and a keen financial mind. Such are…
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On the list of what separates humans from our primitive ancestors, one activity usually gets neglected: lending with interest. Finance seems embedded in our DNA. We have debt records that…
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Playtime is over. Nearly one year after calling for unregulated lenders to step out of the shadows, Banque du Liban (BDL), Lebanon’s central bank, imposed new restrictions and reporting requirements…
