Lebanon Banks
Banking Confidence, Exchange Rate Are Key To Lebanese Recovery, Says Banker
Middle East Business News - Published date: .
Central bank governor Riad Salameh has warned banks that cannot increase their capital by 20% by end-February 2021 will ... Read more
Lebanese Bank Deposits Slump $15bn In 2020 As Confidence Sinks
Middle East Business News - Published date: .
Lebanese banks have signalled a $31 billion drop in deposits since early 2019, the largest drop for decades Read more
US Sanctions To Beirut Port Blast: Key Moments In Lebanon's Economic Downfall
Middle East Business News - Published date: .
Less than a decade ago, Lebanese banks were the crown jewel of the economy. Today they are in crisis. What went wrong? Read more
'Fix It Or Exit': The Stark Situation Facing Lebanese Banks
Middle East Business News - Published date: .
If Lebanese banks fail to increase their capital by 20% by the end of February 2021 they have to exit the market, says C... Read more
Strict New Rules Make Life Tough For Lebanese Retailers
Middle East Business News - Published date: .
Central bank imposes stricter requirements to open letters of credit to finance imports into the country Read more
Emirates NBD In Talks To Buy Lebanese Bank's Egyptian Business
Middle East Business News - Published date: .
Discussions are ongoing and there is no certainty that a deal will be completed, Dubai-based Emirates NBD said Read more
Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry
Middle East Business News - Published date: .
Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month Read more
Lebanon Banks Reopen As Protests Ease
Middle East Business News - Published date: .
Large queues form outside banks from early morning and people rush in as soon as doors opened to cash in their salaries ... Read more