Economics Lebanon’s five listed banks posted an aggregate 2.4 percent growth in profits in 2012 standing at $1.01 billion, compared to $986 million a year earlier. More from The Daily …
Tag:
Lebanon banking
-
-
Several Lebanese banks, from Bank Audi to Bank of Beirut to Fransabank, raised capital last year through the issuance of preferred shares — stocks with dividends but without voting rights …
-
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 …
-
Lebanon first fell into the crosshairs of the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2011. Pressure from OFAC — effectively the world’s anti-money …
-
“The dropping numbers of tourists, the decline in the country’s financial inflows and the plunging consumer confidence have placed the Lebanese fashion retailers in a critical situation,” says Jamal Rayess, …
-
It is no secret that the backbone of Lebanon’s economy is the banking sector. And right now, the watchdogs of Lebanon’s banking industry are without leadership. The Banking Control …