banking
Ferzli Says MPs Vaccination 'Not a Crime', Slams World Bank Official
February 25, 2021
Deputy Speaker Elie Ferzli stressed Wednesday that the controversial vaccination on Tuesday of a number of MPs and parliament officials was “not......
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World Bank threatens to suspend covid vaccine funding to Lebanon
February 25, 2021
The World Bank threatened to suspend financing for Lebanon's COVID-19 vaccination drive in its second week after it emerged that some lawmakers......
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Parliamentary Committees OK $246M World Bank Loan Agreement
February 24, 2021
The parliamentary committees on Tuesday approved a World Bank loan agreement worth $246 million and dedicated to supporting the country’s poorest......
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Families of Students Studying Abroad Protest against Banks
February 23, 2021
Families of students studying abroad protested on Monday against “procrastination” by Lebanese banks in implementing the so-called Student......
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Hoballah addresses two letters to Central Bank, Banks’ Association to release industrialists’ deposits
February 21, 2021
NNA – Caretaker Industry Minister, Imad Hoballah, addressed two letters to the Lebanese Central Bank and the Association of Banks, regarding......
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MPs Voice Objections on World Bank Loan Deal Referred by Aoun, Diab
February 17, 2021
The finance, health, labor and social affairs parliamentary committees held a joint session Tuesday to study a draft law for signing a loan treaty......
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MoF says it has not received any letter from Central Bank Governor on forensic audit
February 14, 2021
NNA - The Information Office of Caretaker Minister of Finance, Ghazi Wazni, said, in a statement today, that 'according to legal formalities,......
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Lebanon’s Central Bank confirms positive cooperation with Alvarez & Marsal
February 14, 2021
NNA - Lebanon's Central Bank (BDL) on Friday announced in a statement: 'As per legal principles, BDL has sent a letter to the Minister of......
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Commerzbank reports $3.3 billion Q4 loss as it counts cost of restructuring, pandemic
February 11, 2021
FRANKFURT (Reuters) - Germany’s Commerzbank reported a $3.3 billion fourth-quarter loss on Thursday, sinking further into the red as it continued......
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Dollar hovers near seven-week high after boost from euro selloff
February 2, 2021
TOKYO: The dollar hovered near a seven-week high on Tuesday, benefiting from a euro selloff overnight after coronavirus lockdowns choked consumer......
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