Association of Banks in Lebanon: Banks to remain closed, but will continue to stock ATMs with cash
Lebanon bank employee union calls for strike to continue Wednesday: syndicate head
Bank employees' union called for extending the workers’ strike to Wednesday, effectively shutting down banks across the country for the second day.
Lebanon’s bankers’ syndicate head says ATM machines will be stocked with cash
Lenders in the country will remain closed, the Association of Banks in Lebanon said Tuesday, as bank employees announced their intention to stay on strike.
Central Bank Governor Riad Salameh Monday dismissed any intentions of implementing a haircut on deposits or enforcing capital controls on Lebanese lenders as...
Banks to close Tuesday due to staff strike: Association of Banks in Lebanon
Association of Banks in Lebanon welcomes Central Bank instructions on transfers abroad
BP Plc, Royal Dutch Shell Plc, Total SA and Vitol Group are among partners in a new exchange to trade Abu Dhabi’s flagship oil grade in what could become a...
Dubai is deflating its economy to squeeze out growth.
Federal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may steer clear of...
HSBC Holdings PLC is intensifying efforts to mend ties with Qatar after diverting its attention from the gas-rich Gulf state that’s been isolated by a...
No capital controls, BDL has no intention to do this. It didn't happen and will never happen: Salameh
Today we are facing a new phase, we will maintain pegged Lebanese pound exchange rate: Salameh
No haircut on deposits because BDL does not have the power to do this: Salameh
If there are no dollars in the market then we don't have an economy: Salameh
Caretaker Finance Minister Ali Hasan Khalil reaffirmed Saturday that the state would repay maturing Eurobonds on time, correcting an earlier report that he...
The Central Bank can cover maturing Eurobonds this year and finance the import of basic items for several months, a source said Friday.
Byblos Bank has announced that it will continue to provide its customers with routine services at all branches across the country after the weekend holiday.
President Michel Aoun Friday called for a weekend meeting between the country's top banking officials to discuss the deteriorating economic and financial...
Aoun calls for Saturday meeting in Baabda between country's top banking officials
At the root of the economic grievances fueling Lebanon’s mass protests lies what looks like a regulated Ponzi scheme.
Lebanon and the Central Bank in particular have the means to contain any unforeseeable financial crisis in the short and medium term despite Moody’s...
Casino du Liban, the country’s only legal gambling center, has seen a drop of $12 million in revenue due to wide anti-government protests and road closures,...
London-based Capital Intelligence downgraded Lebanon’s long-term foreign currency rating and long-term local currency rating to B-minus from B.
The total net wealth of Lebanese citizens has increased by 4.6 percent to $232.2 billion at the end of June 2019 compared to the same period of last year,...
Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to concerns...
International ratings agency Moody’s Tuesday downgraded Lebanon’s credit rating to Caa2 – deep into junk territory – and said it remained “on review” for a...
Moody's downgrades Lebanon credit rating to Caa2
Bank of America Merrill Lynch recommended a new Lebanese Cabinet composed of experts to boost domestic confidence and restore international support for the...
Central Bank Gov. Riad Salameh Monday asked Lebanese commercial banks to raise their capital by up to 20 percent of current levels by allowing shareholders to...
The United Arab Emirates is studying aid to Lebanon and will make a recommendation to the country’s leadership, Emirati Central Bank Gov. Mubarak Rashed...