A price war has developed between two travel agencies that are trying to win over the hearts and pockets of La Sagesse fans. Resotel International and...
The employees of the Arab African International Bank went on strike Monday to protest the termination of employment of 13 of their colleagues. The strike...
George Corm’s policies came under attack from one of the key advisors of Fouad Siniora, the former minister of state for financial affairs, during a lively...
The government may launch convertible bonds of state-owned companies that will be privatized in the future, George Corm, minister of finance, said on...
Lebanese banks are bracing themselves to enter a new era when the capital adequacy ratio officially becomes 12 percent. “I don’t see any problem with banks...
Bank of Beirut’s acquisition of Transorient Bank was the main driving force behind the rise in profits by 55 percent to $9.5 million in the first six months...
Will George Corm go down in history as the man who bailed out Lebanon from its highest public debt? The question may be crossing the minds of many people who...
Lebanese bankers saw the first demonstration of Internet banking Thursday, a system which is introducing a new concept of personal finance to the country. ...
Mohammed Safadi has rarely been the center of media attention. Nonetheless, this successful and multi-faceted businessman has left his mark on many business...
The Central Bank has renewed its commitment to strengthen banking control regulations to increase transparency in Lebanese banks. “Supervision authorities...
George Corm brought his top tax collecting team to repeat an unpopular theme to despondent industrialists: There is no escape from taxes if we want to reduce...
The institution that world markets watch to take their cue will arrive in Beirut on Monday to conduct a course on banking supervision for Lebanese and Arab...
The business community is expressing strong reservations about the new taxes that will be included in the forthcoming government budget. Leading bankers,...
Jammal Trust Bank has decided in principle to seek a listing on the Beirut stock exchange. Over the next year the management of this quintessential family...
A warm hug and a handshake between Safi Harb and Jean Aboujaoude sealed the long-awaited merger between Banque Libanaise pour le Commerce and United Bank of...
Banque Libanaise pour le Commerce, whose takeover by Byblos Bank ended in failure, is to merge with the United Bank of Lebanon. Safi Harb chairman of...
The balance of payments took another turn for the worse at the end of May, with a reported deficit of $193.9 million. According to the monthly bulletin of...
George Corm was in no mood to compromise on taxes. The message was delivered clearly Thursday by the minister of finance to professional syndicates in...
A row is brewing over an announcement by the National News Agency on Wednesday that a new board of directors for Beirut Stock Exchange (BSE) had replaced the...
The task of reducing Lebanon’s public debt is awesome but not impossible, according to Fitch IBCA, the rating agency. Announcing a reduction in the local...
Lebanese banks were urged on Thursday to extend soft loans to small businesses, as in the case of Bangladesh and other developing countries. “It has been...
Fransabank became the second Lebanese bank to give $1 million to help rebuild the power grids and bridges destroyed by Israel’s air raids Thursday. By...
Mershid Baaklini was at loggerheads with the management of Societe des Ciments Libanais for a second time Monday. At an extraordinary general meeting of...
Riad Salameh gave an upbeat picture of Lebanon’s economic future to 26 Francophone central bank governors despite a night of air strikes on the country. “The...
The sounds of Israeli bombs and rockets reverberating across Beirut failed to spoil the mood of Central Bank governors of Francophone countries who were at...