banking
Lebanon Banks Association urges for reaching IMF agreement
June 29, 2022
The Board of Directors of the Association of Banks in Lebanon underlined on Tuesday the association's unity and continuity in achieving its goals.......
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BIS calls for decisive wave of global rate hikes
June 27, 2022
The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised “quickly......
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Lebanon court rejects recusal of judge in central bank chief graft probe
June 17, 2022
BEIRUT: A Beirut court has rejected a request by a judge to recuse himself from filing corruption charges against Lebanese central bank governor......
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Lebanese pound drops again to 30,000
June 15, 2022
The Lebanese pound hit a new low against the U.S. dollar on the black market Tuesday, crashing below 30,000 to the greenback. The exchange rate,......
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Oueidat requests charges against Riad Salameh
June 11, 2022
State Prosecutor Ghassan Oueidat has requested that charges be issued against Central Bank chief Riad Salameh on suspicion of financial misconduct......
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Europe's 1st rate hike in 11 years looms amid high inflation
June 10, 2022
The European Central Bank is expected Thursday to end a key economic stimulus program and map out its plan to raise interest rates for the first......
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Banking system well-capitalised, liquid: CBUAE
June 7, 2022
Through the annual report, the UAE Central Bank expressed its pride in its vital role in promoting the country efforts to contain the financial and......
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Turkish lira slips again; Nebati says rates to stay put
June 6, 2022
Istanbul, June 6 (BNA): Turkey's lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20% this year, due......
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Associations protest outside BDL, urge governor to free their money
June 3, 2022
Humanitarian organizations and associations protested Thursday in front of the Central Bank, urging authorities to free their funds trapped in the......
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World Bank extends CPF period, says Lebanon has lost precious time
June 2, 2022
The World Bank has extended its Country Partnership Framework (CPF) with Lebanon by one additional year 'to advance urgently needed socioeconomic......
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