banking
Lebanon prosecutor questions central bank chief at Swiss request
January 24, 2021
BEIRUT – Lebanese Central Bank Governor Riad Salameh answered questions from Lebanon’s public prosecutor on Thursday based on a request......
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World Bank to Fund Covid Vaccine Rollout in Lebanon
January 21, 2021
The World Bank announced Thursday it will put $34 million into a program to provide coronavirus vaccines for more than two million people in Lebanon,......
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World Bank to Fund Covid Vaccine Rollout in Lebanon
January 21, 2021
The World Bank announced Thursday it will put $34 million into a program to provide coronavirus vaccines for more than two million people in Lebanon,......
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Salameh dismisses allegations about financial transfers as mere fabrications
January 20, 2021
NNA - The Lebanese Central Bank’s press office on Tuesday quoted Governor Riad Salameh as he expressed “commitment to the Lebanese and......
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Lebanon bank chief denies sending $400m abroad
January 20, 2021
BEIRUT: Lebanon’s central bank has denied allegations that its governor, Riad Salameh, transferred up to $400 million abroad along with his......
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Bank of America Reports Fourth-Quarter 2020 Financial Results
January 19, 2021
Bank of America reported its fourth-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be......
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BLOM agrees to sell Egypt unit
January 17, 2021
BLOM Bank will sign a contract to sell its 99.4 percent stake in BLOM Bank Egypt to Bahrain-based Bank ABC. The value of the deal is estimated to......
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World Bank Emergency Aid for Vulnerable Lebanese
January 14, 2021
The World Bank approved a $246 million loan to Lebanon to provide emergency cash assistance to nearly 800,000 Lebanese reeling under the country's......
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Citi Unifies Global Wealth Management Business
January 14, 2021
Citi announced today that it has created a single wealth management organization, Citi Global Wealth, unifying wealth management teams in Global......
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The lira will be floated pending program with IMF
January 12, 2021
The Governor of the Central Bank (BDL), Riad Salameh, predicted that the peg of the lira to the dollar will be over once an agreement with the International......
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