Banks

In a gloomy economic climate, new car sales increased just 1.76 percent in the first nine months of the year on 2012, compared to 7.37 percent reported last September on …

Towering above the country’s gross national product at some three times the size, Lebanon’s banks deposits (about $127 billion in 2012) make up much of their balance sheets’ liabilities.  The …

The eBay of Lebanon – that’s what Samir Hanna, CEO of Bank Audi, called their new innovative online shopping platform eMall. Launched on Sunday night at a glitzy cocktail reception …

Political turbulence and economic uncertainty have not stopped new banks from opening their doors in Lebanon. For this month’s special report on the banking sector, Executive spoke to the general …

As Raymond Audi, chairman of Bank Audi, Lebanon’s largest bank, walked me through the four floors of their headquarters in Downtown Beirut, I would have thought I was in a …

Lebanese bankers are sailing off to foreign shores to generate growth in profits as turbulence rattles their home country and cripples their neighbours next door. The blood being spilled in …

A house is more than just a home. It is also an investment vehicle that, if things go well, can produce handsome earnings. With real estate producing double digit returns …

If there is one figure that summarizes the significance of the banking sector in Lebanon, it is that total assets stood at $148 billion as of the end of September …

The Lebanese banking sector has been tested against internal and external shocks many times through recent decades, and it has been tested yet again this year. The sector still enjoys …