Central Bank Gov. Riad Salameh said Thursday that the Central Bank had taken all measures to ensure that banks and financial institutions fully complied with anti-money laundering and anti-terrorism funding measures.
Standards & Poor’s Global Ratings warned Wednesday that Lebanon’s Central Bank had enough foreign currency reserves to last for one year only, urging the government to cut the budget deficit in order receive part of funds from the CEDRE conference.
Lebanon’s private sector experienced further decline in its performance in the month of August 2019, according to BLOMINVEST PMI report Wednesday.
Banque du Liban Gov. Riad Salameh said Tuesday that he was following the developments concerning sanctions-hit Jammal Trust Bank, and repeated that the deposits with the bank were safe.
We have reached the moment of truth: Our economy is sputtering, but there is a glimpse of hope if we act responsibly and act now.
The private sector is expected to play a prominent role in the implementation of a bold electricity plan that would put the country on the right track, a...
Lebanon’s budget deficit in the first half of 2019 dropped by more than 20 percent to $2.42 billion compared to the same period of 2018 due to a sharp drop in...
The Finance Ministry said real estate transactions in the first seven months of 2019 had shrunk by 24 percent compared to the same period of 2018.
Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts that oil and gas prices will stay low...
Undaunted by Turkey’s near certain failure to come close to its economic growth goal this year, President Recep Tayyip Erdogan has set a target for 2020...
With Samsung Electronics Co. finally launching its troubled Galaxy Fold, success for the $1,980 luxury handset may be measured not in how many it ships, but...
China’s central bank said Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan...
Jammal Trust Bank, which has been accused by the U.S. Treasury of financial transactions with Hezbollah, will eventually be forced to sell its clean assets to...
Companies from the United Arab Emirates are taking part in the Damascus International Trade Fair, state media has said, months after their embassy reopened in...
Lebanon’s Central Bank has secured up to $1.4 billion in five-year deposits from private investors overseas
The President of the Association of Banks in Lebanon Salim Sfeir assured Friday that the U.S. administration has no intention to sanction more Lebanese banks
ABL chief: Washington assured us of no new sanctions against Lebanese banks
Central Bank Gov. Riad Salameh Friday announced that Banque du Liban’s foreign exchange reserves increased by approximately $1.4 billion during the second...
BDL foreign exchange reserves up by $1.4 billion in second half of August: Central Bank Gov.
The U.S. Treasury Thursday slapped sanctions on Lebanese Jammal Trust Bank for “brazenly enabling” Hezbollah’s financial activities.
The Central Bank is expected to receive around $1 billion in the form of either a deposits or subscription to Lebanese sovereign Eurobonds soon, sources...
The U.S. Treasury Thursday sanctioned Lebanese Jammal Trust Bank for "brazenly enabling" Hezbollah's financial activities.
US Treasury sanctions Jammal Trust Bank for providing support to Hezbollah
The prospects of a limited war between Hezbollah and Israel has increased pressure on Lebanon’s Eurobonds as the county’s 5-year credit default swaps (CDS)...
The cost of insuring Lebanon’s sovereign debt hit a record high Wednesday as dollar-dominated bonds came under pressure again after escalating tensions with...
Prices of Lebanon’s sovereign Eurobonds were unchanged Monday despite Fitch downgrading the country’s Long-Term Foreign-Currency Issuer Default Rating to CCC...
Energy and Water Minister Nada Boustani said over the weekend that Lebanon intended to launch new tenders in September to build new power plants and...
The downgrade of Lebanon’s sovereign dollar-denominated bonds could negatively affect the prices of these bonds in the international markets but will not...
The new evaluation of Lebanon’s credit rating is a positive reflection of the government’s efforts to repair the country’s ailing economy, MP Ibrahim Kanaan...
Lebanon vowed Friday to cut the budget deficit, implement reforms and speed up the release of the 2020 draft budget after rating agencies Standards & Poor’s...
Fitch Ratings has downgraded Lebanon's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'B-'.
Full S&P report on Lebanon
Finance Ministry: S&P maintains Lebanon's B- rating