Lebanese Banking

In the Lebanese banking sector’s cherished game of claiming the deposit throne, month-on-month drops of private sector deposits are usually reserved for the January statistics, in what has become known …

At a time when the observation of global banking remains as interesting as ever, the first quarter of 2015 has seen Lebanese banks stay their course, at least as far …

When news broke out in August that a cyber virus dubbed ‘Gauss’ attacked bank accounts in the Middle East, with the vast majority being Lebanese accounts, senior management at local …

"People are killing each other to steal LL100,000 or LL200,000,” says Mohamad Choucair, president of Lebanon’s Chamber of Commerce, Industry and Agriculture. “That’s how bad the situation is.” While perhaps …

Lebanese banks had to prove their resilience once again in 2011, though instead of dodging a global financial crisis, this time around they had to navigate a five-month government stalemate, …

When disaster strikes, survival is often earned by those who have planned ahead. For businesses, this means developing contingency plans for worst-case scenarios associated with their operating environments, which can …

For many clients of international banks, a trip to a branch has become a thing of the past, as an increasing variety of services have become available online. Some institutions, …

In recent years, Lebanon’s banking sector has played a pivotal role in supporting local economy. In spite of repetitive security crises and heightened tensions, the financial industry has been able …

Against all odds Lebanese banks have been weathering the current economic and political crisis. In spite of the numerous political shocks Lebanon faced in the last two years, the banking …