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World Bank slashes Lebanon's growth figures

The World Bank revised Lebanon’s real GDP growth ... to the World Bank’s Global Economic Prospects, Lebanon’s growth projection had already been cut to 2.8 ... In parallel, the World Bank’s report indicated that Syria’s unrest had an inflationary effect on Lebanon ...

17/01/2013 - 08:12 - comment 0

Lebanon’s parliament is in hot water with Eurobonds. Can the Central Bank help?

Finance, Featured Articles, Lebanon) The Central Bank will again come to the rescue of Parliament ... If lawmakers in Lebanon don't make up their minds about new sovereign Eurobonds, it's likely that the Central Bank will have to step in. ...

04/09/2014 - 14:32 - comment 0

Will Hezbollah sanctions have an effect Lebanon’s banking sector?

have no impact on Lebanon’s banking sector, which is already in full compliance with U.S. ... that Lebanon’s banking sector would continue to fully implement international compliance standards, including ... on organizations that help channel money to Hezbollah will have no impact on Lebanon’s banking sector, which ...

26/07/2014 - 18:22 - comment 0

Lebanon prepares stimulus as fighting continues in Syria

Lebanon’s Central Bank is putting a stimulus package ... Lebanon’s Central Bank is putting a stimulus package in place to boost its bruised economy, which has taken a hit by its troubled neighbour Syria   Lebanon’s Central Bank Governor, Riad Salameh, ...

29/11/2012 - 04:00 - comment 0

Now its the bankers turn: more industrial action in Lebanon

Bank workers in Lebanon have taken are following ... Bank employees kick-started protests over the weekend with a sit-in in Tripoli [Lebanon] to demand ... in Lebanon’s vital banking sector. Around 400 bank employees gathered in Tripoli’s Banks’ Street before ...

18/03/2013 - 13:46 - comment 0

First the economy, now the banks: S&P raises Lebanon's outlook from negative to stable

outlook for Lebanon-based Bank Audi, BankMed and  BLOM Bank  to stable from negative, just a week after ... , and BankMed mirror S&P’s stable outlook on Lebanon. “The stable outlook on the sovereign reflects our ... outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after ...

21/04/2014 - 23:27 - comment 0

Lebanon’s economy not out of the deep end yet, World Bank says

and security issues were a few reasons given by the World Bank on Wednesday in regards to Lebanon ... The World Bank stressed that Lebanon might not be able to cope with the influx of Syrian refugees. ... ) The World Bank says enormous challenges remain for Lebanon, despite the progress made with the formation ...

24/04/2014 - 15:20 - comment 1

Misery loves company: Lebanon and Cyprus strengthen bank ties

Lebanon and Cyprus will form a joint banking committee ... to a statement released Sunday by Lebanon’s Central Bank. A high-profile Lebanese banking delegation visited ... accompanied by the heads of the Association of Banks in Lebanon and the Banking Control Commission. ...

17/02/2014 - 20:39 - comment 0

Lebanon's Bank Audi increases capital by $300 million

Finance, Lebanon) Bank Audi announced Tuesday that it has completed a $300 million capital increase ... Over $25 million of Bank Audi shares were traded on the Beirut bourse Monday as part of efforts to raise the capital of the bank ...

24/09/2014 - 12:36 - comment 0

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

The  International Monetary Fund  is satisfied with Lebanon’s economic policies, Central Bank Governor  Riad ... extent." The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon ... representatives of international banking institutions who confirmed they would continue to work in Lebanon ...

14/10/2014 - 00:14 - comment 0