Creditbank Chair Tarek Khalife explains his views on banking and the roots of his strategy to prioritize lending to the private sector. Last week, Executive published a longer piece about Creditbank. …
private sector
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In order to fund the proposed public sector wage hike, Lebanon’s Parliament is scrounging for cash. In their desperation, lawmakers have proposed one of the most morally hazardous ideas in…
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The Association of Banks in Lebanon (ABL) is the nerve center of what is the sole highly developed part of the country’s financial sector. It is also the main lobbying…
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The latest newcomer to the top ‘alpha group’ category of banks — those with more than $2 billion in deposits — is Creditbank, a player that aims to be the…
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Lebanon’s industrial sector has overcome the odds stacked against it to have a surprisingly good 2010. Exports rose 32.6 percent to $2.56 billion as of the third quarter of…
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The battle over privatization in Lebanon has trodden the same well-worn path for decades; the left decrys the idea as a nepotistic sell out and the right lauds the…
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Water, transportation, energy and telecommunications infrastructures are essential building blocks of a nation. Infrastructure plays a vital role in supporting a high standard of living and facilitating trade, thereby extending…
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For any economy that can grow despite unnerving political uncertainties, for politicians who have stood firm despite large protests and for a people who faced death, destruction and hardship while…
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Although there was renewed interest in European aid to Lebanon following the Paris III donor conference last January, it is worth remembering that there is a strong tradition in European…
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Last month, the United Nations and the World Bank released global performance reports on private sector immersion and country level achievements in the crucial areas of social responsibility and governance.…