Joseph Torbey | Al Bawaba

Joseph Torbey latest

The drop in the price of oil has caused large-scale damage to the economies of the region. (File photo)

March 16th, 2017 - 08:58 GMT

Drop in MENA banks' liquidity expected in 2017: World Union of Arab Bankers

Arab banks are expected to drop in liquidity due to the expected decline in deposit growth and a regression in asset quality, according to the president of the World Union of Arab Bankers.

The deadline for the implementation of the automatic tax data exchange ends in September. (File photo)

September 20th, 2016 - 09:56 GMT

Lebanon's banks risk international blacklisting if tax disclosure bill is not passed

The deficit in the balance of payments, and which reached $664 million in the first three months of 2016, constitutes a challenge facing monetary stability in Lebanon. (World Finance)

May 15th, 2016 - 08:12 GMT

Lebanon's Central Bank to launch more economic initiatives

The Secretary-General of Hezbollah Sayyed Hasan Nasrallah has denied that the party deals with any Lebanese or foreign banks. (File photo)

April 20th, 2016 - 01:00 GMT

Lebanese banks accepting Hezbollah MP's salaries will face US sanctions

“Speeding up the work of the institutions, especially the parliament, is no longer a political luxury but it is a necessary step to be taken in a bid to preserve the image of the government in the eyes of citizens and the international community,” said Lebanon's Finance Minister Ali Hasan Khalil. (Al Bawaba/File)

October 22nd, 2015 - 04:33 GMT

Lebanon FM calls on parliament to expedite foreign loan approval

Al Bawaba

July 2nd, 2015 - 05:08 GMT

More efforts needed to nurture US-Arab bank relations

Al Bawaba

December 24th, 2014 - 12:04 GMT

Lebanese banks on the straight and narrow, complying with international law - World Union of Arab Bankers

“Past and current crises underscore an additional lesson. Then as now, international or regional financial crises require a coordinated response to safeguard the stability of the world's financial system."

November 18th, 2013 - 03:55 GMT

What did Federal Reserve Chairman Ben Bernanke have to say to Arab banks?

Arab countries need to pursue economic reform to strengthen their economies, according to the head of the World Union of Arab Bankers

April 4th, 2013 - 08:59 GMT

Arab economies need to reform - Banking chief

Lebanese banks reluctant to reopen in Cyprus

March 20th, 2013 - 10:06 GMT

Lebanese banks still wary over Cyprus

Arab banks have threatened a pull out from Cyprus (YIANNIS KOURTOGLOU / AFP)

March 19th, 2013 - 06:34 GMT

Arab banks threaten Cypriot pullout over new tax plans

Lebanese banks in Syria would continue to operate in this country unless the Syrian central bank governor decides to revoke their licenses

March 17th, 2013 - 08:01 GMT

Lebanese banks complying with UK and European blacklists

Chairman of the Union of Arab Banks Joseph Torbey

January 8th, 2013 - 06:38 GMT

Lebanon's banks ready for any fallout from Syria