Francois Bassil | Al Bawaba

Francois Bassil latest

Al Bawaba

July 21st, 2015 - 09:34 GMT

Lebanese banks to seize opportunities with Iran after sanctions are removed

Byblos Bank chairman Francois Bassil said Iran has huge potential for Lebanese banks.

Al Bawaba

May 7th, 2015 - 08:08 GMT

Must try harder: Arab Economic Forum addresses regional failures to raise average growth rates

Al Bawaba

April 1st, 2015 - 08:23 GMT

Replacing Switzerland? Why Lebanon isn't keeping its banking secrecy a secret

“The size of the Lebanese banks in Iraq maybe too small compared to the huge Iraqi market. Iraq’s seven state-owned banks have 80 percent of assets and 90 percent of total deposits in the country. However, we are going to the Iraqi market to serve new clients,” Bassil said.

April 27th, 2014 - 02:55 GMT

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

Al Bawaba

March 9th, 2014 - 02:00 GMT

Can privatization save Lebanon's economy?

The 2014 stimulus package is supposed to be similar to the 2013 one released by the Central Bank (Marwan Tahtah/Al-Akhbar English)

November 14th, 2013 - 08:02 GMT

Will Lebanon's $800 million stimulus actually revitalize the country's economy?

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.

August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

The 13 banks booked $90.06 million in credit loss provisions during the period, down from $141.12 million in the same quarter of 2012

July 30th, 2013 - 05:47 GMT

Lebanon in severe profit loss if political instability persists

More loans to state contingent on reforms

April 3rd, 2013 - 08:18 GMT

Lebanese banks won't lend government any more cash

More bad news for the President as the economy is dealt a fresh blow

October 23rd, 2012 - 07:18 GMT

Lebanon: Economy to end 2012 in trouble

Following the bombing that killed Intelligence Chief Wissam al-Hassan, the private sector has called for the Prime Minister to resign

October 22nd, 2012 - 11:56 GMT

Lebanon: Private sector calls for Mikati to go

Naturally, deposits in Lebanese banks in Syria have shrunk since the crisis started

July 17th, 2012 - 07:36 GMT

Lenders leery of Lebanese banks losses

Al Bawaba

November 11th, 2001 - 02:00 GMT

ING Barings quits Lebanon