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Lebanon Banking News. Service for global professionals. Constantly updated news and information about Lebanon.
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Latest Lebanon Banking News

  • A bittersweet celebration 17 Dec 2009 23:42 GMT
    ... The Lebanese pride themselves on being members of a ... lobbying campaign to pressure the Association of Banks in Lebanon to alter its own rules, which ...

  • Lebanese mother scores point for women's rights 17 Dec 2009 23:42 GMT
    ... BEIRUT: Barbara Batlouni became the first Lebanese woman to open a bank account for ... from all over Lebanon, the Association of Banks in Lebanon [ABL] endorsed the initiative and ... and Iran,” Abed said, “they developed specific banking products to get around the law, which ...

  • Moody's revises Lebanon credit outlook to positive 17 Dec 2009 21:19 GMT
    ... Service on Thursday said it could upgrade Lebanon's credit ratings if the government continues to ... external liquidity and the resilience of its banking system, as well as the formation of a ...

  • Mum defies Lebanese banking tradition 17 Dec 2009 20:58 GMT
    ... ArticleData Array ( [Article] => Array ( [article_id] => 1154502 [headline] => Mum defies Lebanese banking tradition [abstract] => A mother has struck a small blow for women's rights in Lebanon ...

  • Why Guinea matters 17 Dec 2009 19:34 GMT
    ... UN. The defence minister has jetted to Lebanon on a ‘private visit’, and Camara was ... going out of Guinea and into European banks under the guise of ‘investment firms’. This after ...

  • An Iranian nuclear bomb, or the bombing of Iran? (Dec 3rd) 17 Dec 2009 17:30 GMT
    ... to come by, and ties to Iranian banks have been cut. But this has mostly been ... and Afghanistan. It could also prod its Lebanese proxy, Hizbullah, and the Palestinian Hamas movement ...

  • Egypt: Beltone Financial Holding, EFG-Hermes act as financial advisors in largest syndication to be covered from local banks 17 Dec 2009 15:40 GMT
    ... largest syndication to be covered from local banks A consortium of 4 banks namely, National ... local banks in the history of Egyptian banking sector, a consortium of a group of ... Bank of Alexandria, Audi Bank Egypt and Lebanon, Credit Agricole Egypt, National Bank of Greece ...

  • Looking behind the riches 17 Dec 2009 14:02 GMT
    ... Middle East. Along the way, the petite Lebanese who almost became a doctor rather than ... a psychiatrist in her work as a banker. “You end up knowing so much about them,” ...

  • ATM fraud, security issues take centerstage at Diebold conference 17 Dec 2009 11:44 GMT
    ... executives from major IT companies in the banking and financial services market, including Dave Wetzel, ... (NYSE:DBD); Samer Kandalaft, general manager of Quantech, Lebanon; Pierre Abi Jaoude, CEO of CBM, Lebanon; ... customer base includes most of the major banks in the country. With the Lebanon ATM ...

  • Stanchart taps Citi's Hsu as wealth management head 17 Dec 2009 10:39 GMT
    ... Judy Hsu was formerly Citi's Asia retail banking head * Stanchart expanding private banking, priority ... management business, as competition heats up for bankers targeting Asian millionaries. Hsu, Citi's former head ... up new offices in Qatar, Bahrain and Lebanon to boost its business in the Middle ...

  • Russian seeks deposit back on £347m villa 17 Dec 2009 07:30 GMT
    ... of Belgium. Its current owner is Lily Safra, the widow of Edmond Safra, the Lebanese-Jewish banking billionaire who was murdered by his male nurse in Monaco in 1999. A court in ...

  • Fitch maintains five Dubai-based banks' individual ratings on watch negative 17 Dec 2009 07:12 GMT
    ... agency to review all of the rated banks' audited 2009 financial statements. The five banks ... persists about the likely resolution of the banking system's direct exposures to the DW group ... but also Qatar, Bahrain, Kuwait, Oman, Jordan, Lebanon and the Palestinian Territories) supported by a ...

  • Iran's Global Bedfellows 17 Dec 2009 06:37 GMT
    ... Iranian-Brazilian cooperation agreements, in areas ranging from banking to technology to scholarships to the lifting ... terrorist groups such as Hezbollah (which infests Lebanon) and Hamas (which controls Gaza). A slew ... by now includes everything from major Iranian banks to travel agencies in Caracas. On Tuesday ...

  • Beltone Financial Holding, EFG-Hermes act as financial advisors in largest syndication to be covered from local banks worth $1.05bn 17 Dec 2009 06:11 GMT
    ... package to be fully covered by local banks in the history of Egyptian banking sector, a consortium of a group of ... Bank of Alexandria, Audi Bank Egypt and Lebanon, Credit Agricole Egypt, National Bank of Greece ...

  • Operation Santa: Medical bills put strain on family's budget 17 Dec 2009 02:56 GMT
    ... struggles to provide the household's primary income. Mortgage payments, high utility bills and necessities for ... this Christmas. A cooperative effort of the Lebanon Rescue Mission, Agape Family Shelter and Lebanon ...


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