Lebanese banks

"I’m much happier in Beirut than in London or Sydney or Melbourne. We belong to our roots,” says Salim Sfeir, chairman of Bank of Beirut (BoB), Lebanon’s seventh largest bank. …

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 …

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 …

Lebanese banks had their fair share of challenges to deal with in 2012 : a stagnant economy; the ongoing turmoil in neighboring Syria; increased scrutiny from the United States; increased …

  In a year where deadlines for global economic recovery were repeatedly pushed back like a teenager’s weekend curfew, Lebanon’s banks managed to sail through 2010 with relative ease. Commercial …

In July, I authored a report for FFA Private Bank titled “The Lebanese banking sector 2008,” which examined the Lebanese banks’ fundamentals, performance, financial strength and the challenges the sector …

Dr Freddie Baz, Bank Audi’s CFO and Chief Strategist talked to Executive about the current situation for banks in Lebanon and future prospects for the sector. E How do you …