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BANKING

10 Lebanese Banks among Top 100 Arab Banks

he Union of Arab Banks' 2012 survey of top 100 Arab banks included 10 Lebanese banks on its list.

Turmoil Might Hit Fortunes of Banks

Due to the negative impact of the political unrest in Syria, 

8 Lebanese Banks on Top 1,000 in the World

In its 2012 survey of the Top 1,000 commercial banks in the world, The Banker magazine included eight Lebanese banks on the list, down from

Standard Chartered, Best Global Retail Bank, Best Online Banking Strategy

 

Standard Chartered Bank has won awards of “Best Global Retail Bank” and “Best Online Banking Strategy” at The Retail Banker International’s Awards, its 27th annual event.

Moody's Downgrades Financial Strength Ratings of Lebanon's 3 Largest Banks

Moody's Investors Service downgraded the standalone bank financial strength ratings (BFSRs) of Bank Audi, BLOM Bank and Byblos Bank to 'E+' from 'D'.

Standard & Poor's Changes to 'Negative', Outlook on Bank Audi, BankMed, BLOM Bank

 

Standard & Poor's revised its outlook on the long-term ratings of Bank Audi, BankMed and BLOM Bank to 'negative' from 'stable'. It

Central Bank Cautions Lebanese Banks about Spanish, Greek Counterparts

Central Bank Governor Riad Salamé asked Lebanese banks to be cautious in their dealings with Spanish and Greek banks, given the precarious

Banks Asked to Comply with International Sanctions in Cross-Border Operations

The Central Bank of Lebanon issued Basic Circular 126 that calls for banks and financial institutions operating in Lebanon to strictly enforce measures to combat money laundering and terrorism financing,

Central Bank Lifts Secrecy on 18 Cases Suspected of Money Laundering

Lebanon's Financial Intelligence Unit, the Special Investigation Commission (SIC) issued its annual report, detailing its activities against money laundering in Lebanon during the year 2011.

Central Bank Asks Banks to Apply FACTA

In its monthly meeting with the Association of Banks in Lebanon (ABL), Central Bank Governor Riad Salamé indicated that the banking sector needs to face the challenges related to the sanctions imposed on some countries in the region,

Beirut

Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.

ECO INITIATIVES

  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.

STAY CONNECTED WITH EECOY.COM

 

MOST VISITED ARTICLES

  1. Moody’s Investors Service indicated that the high level of Central Bank reserves is...
  2. In 2010, the country’s Gross Domestic Product (GDP) grew by 8 percent. The economic forecast...
  3. The General Labor Confederation (GLC) warned that the increase of the value added tax (VAT) rate...
  4. Finally, the electricity bill law is approved by the Lebanese parliament. A draft law allocates $1....
  5. Will the government raise the minimum wage?A scenario, some experts expect will result in layoffs...

UPCOMING EVENTS

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