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 …
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Lebanon’s bankers and the government are a close-knit family, and like any family they have a love-hate relationship. In this particular homestead, the kindred glue that binds them together is …
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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 …
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Even as Eric Le Borgne, lead economist at the World Bank, presented the body’s latest report on the Lebanese economy yesterday, he knew facts on the ground were already making …
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Banking 2013: Looking for better horizonsFinance
New banks on the block
by Maya Sioufiby Maya SioufiPolitical 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 …
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Company: Qi Juices Country: Lebanon Industry: Food and Beverage Founders: Leila Fakih Nashabe and Hana Alireza Established in: 2012 Number of employees: 7 Revenues last year: Expected revenues of $100,000 …
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Want to take out a loan to open a small workshop in your village? Without owning a piece of land that could be used as collateral, banks would pass on …
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Lebanon’s industrialists have a cordial, even respectful, relationship with the nation’s bankers, but they could never be considered bosom buddies. Not only have trade, tourism and real estate had an …
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Banking 2013: Looking for better horizonsFinance
Banks fleeing the storm
by Maya Sioufiby Maya SioufiLebanese 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 …
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Company: Ounousa.com Country: Lebanon Industry: Media Founder: Elsa Aoun and Wassim Kari Established in: 2008 Number of employees: 10 Capital raised: Self-financed so far, seeking potential capitalization Back in …
