Banking

The Lebanese banking sector has survived and thrived through not one but two major shocks in two years: the assassination of Rafik Hariri in 2005 and the Israeli-Hizbullah war in …

In a deal considered to be the largest divestment of Egyptian state assets to date, the government in Cairo last month completed the sale of Bank of Alexandria (BOA) – …

When attendees crowd the new Four Seasons Hotel in downtown Damascus for the opening of the Syrian Banking Conference on November 3-5, talk will undoubtedly turn to the complications that …

When the Bush administration passed the USA. Patriot Act after the multiple terrorist attacks of September 11, 2001, it very probably did not intend to punish the innocent alongside the …

There is no doubt that the recent violence between Israel and Lebanon has dented the Lebanese economy to the tune of roughly $4 billion and counting. And even though it …

During the 1960s and 1970s, Beirut was globally acknowledged as the banking center of the Middle East. Lebanese banks flourished and built up strong franchises by picking up petro-dollar deposits …

Lebanese banks have increased their capital significantly over the last decade, as consolidated equity moved from less than $500 million in the early 1990s to slightly more than $6 billion …

The term to best describe the approach of Lebanese Canadian Bank to its current development strategy is multitasking – but what the bank does in pursuit of its second five-year …

Lebanese Canadian Bank’s (LCB) rise over the last ten years has been quite impressive. The bank was able to accomplish close to a miracle by moving from the 21st place …

Executive talks to Georges Zard Abou Jaoudé, chairman and general manager of Lebanese Canadian Bank, about the bank’s IPO plans, foreign expansion, capital increases and everything else in between. E …