Banking

An alternative to ineffective banking reforms and recovery plans The latest version of the bank resolution law has the same pitfalls as the previous ones. Mainly, the law proposed the…

By the strange virtue of its unresolved economic and financial crisis of now four year duration, Lebanon has become an examination room and nation-scale laboratory for analyzing an economic and…

Banking everywhere is being confronted with deep societal paradigm shifts and digital transformation challenges. Demands for better governance and heightened societal and environmental accountability are being leveled by civil societies,…

We live in a time when hardly a day goes by without hearing about a cybersecurity incident. The need for a safe and secure digital world significantly grew after the…

Since the start of Lebanon’s financial woes at the end of 2019, the government has proposed several measures to address the liquidity crisis in banks. Yet all the suggested measures…

Lebanon’s fiscal policy over the past decades has been in most years very expansionary. Fiscal deficits at the end of the civil war relied heavily on domestic currency financing. Foreign…

To the interest of anyone who is not a part of the political and banking power ensemble, an absurd theater of dance and song is being played out on the…

“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…

One banker, interviewed for this issue, said it: “Bankers feel threatened, bullied, and feel that they are [made to bear] responsibility for something that they did not do.” The stewards…

The dispatch from the general assembly of the United Nations (UN) was official. The officially hyphenated Secretary-General Antonio Guterres met with Mohammad Najib Azmi Mikati, President of the Council of…