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Lenders leery of Lebanese banks losses

Byblos Bank chairman François Bassil expects the combined net profits of the Lebanese banking sector ... François Bassil expects the combined net profits of the Lebanese banking sector to plunge by 5-10 percent ... the national economy to the brink of disaster,” he said. Bassil said that Lebanese banks can easily use ...

17/07/2012 - 10:10 - comment 0

Misery loves company? Lebanese banks announce their intention to pursue Iraq's banking sector

 in Lebanon, Francois Bassil, said Friday. Speaking to the participants at a Lebanese-Iraqi banking conference that began Friday at the Movenpick in Beirut, Bassil said the Lebanese banks operating ... to the Iraqi market to serve new clients,” Bassil said. There are seven Lebanese banks operating in Iraq, ...

27/04/2014 - 04:00 - comment 0

Lebanon’s banking news

is the first of several that Byblos plans to sign with Islamic financial and banking institutions. Byblos chairman Francois Bassil said the agreement falls within the bank’s strategy to find medium and long-term ... to companies.     The Bahrain-based Islamic Banking Corporation signed an agreement with Byblos Bank SAL ...

15/08/2010 - 16:11 - comment 0

Byblos responds to downgrade

Byblos Bank Vice-Chairman Semaan Bassil In response to a recent report ... to $45.3 million in 2001, Byblos Bank Vice-Chairman Semaan Bassil declared that the bank would attempt ... In response to a recent report on Byblos Bank by HSBC ...

15/08/2010 - 16:16 - comment 0

Byblos Bank Donates USD 50,000 to AUB Olayan School of Business

Bassil, vice-chairman and general manager of Byblos Bank Group, handed over to OSB Dean George K. Najjar ... of research activities at OSB. Dean Najjar thanked Bassil for the support of the Byblos Bank Group ... for OSB and an integral part of its mission. Bassil responded by underscoring Byblos Bank ...

22/06/2010 - 13:16 - comment 0

Lebanese banks planning Cypriot pull-out

in Cyprus,” the chairman of Byblos Bank François Bassil told The Daily Star. Bassil was one of several ... that the Cypriot crisis will not have any major negative impact on them. Bassil said Byblos Bank’s branch ... opened our branch in Cyprus in 1984 so it could be a bridge for Byblos Bank to Europe and to serve our ...

31/03/2013 - 09:47 - comment 0

ING Barings quits Lebanon

of service.    Byblos Bank boss Francois Bassil said the deal "falls in line within our ... to the Lebanese Byblos Bank, without disclosing the size of the deal involved.    "When starting ... Peterson said the assets and portfolio of ING Barings in Beirut had been passed to Byblos Bank, because ...

15/08/2010 - 15:40 - comment 0

Lebanese banks won't lend government any more cash

to carry out needed reforms and cut waste?” chairman of  Byblos Bank  François Bassil told The Daily ... the paper. But Bassil did not share this view, repeating that the Central Bank had huge foreign currency ... Lebanese banks said they were reluctant to lend any ...

03/04/2013 - 09:18 - comment 0

U.S. queries Syrian deposits in Lebanon

worth less than $550 million. The chairman of Byblos Bank François Bassil echoed the same views ... deposits in Lebanese banks belong to prominent businessmen and traders who are not associated ... The United States has informally inquired about the Syrian customer deposits in Lebanese banks as part ...

27/09/2011 - 17:01 - comment 0

Lebanon: Banking news

Byblos Bank’s Vice Chairman and General Manager Semaan Bassil outlined the bank’s strategy for the future within the current economic climate. He said the bank plans to invest in technology, develop i Byblos Bank’s Vice Chairman ...

15/08/2010 - 16:16 - comment 0