Latest articles from Lebanon

Riad Salameh

Lebanese central bank governor defends economic record

July 27, 2022

Banque du Liban governor Riad Salamé claims the bank's controversial engineering scheme is not responsible for the country’s economic meltdown. 

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Lebanon’s economic crisis drags on

July 1, 2022

Despite banking reforms, an end to the country’s economic trauma remains a distant prospect.

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Gulf consolidation slows as economic pressures ease

March 1, 2022

Middle Eastern fintechs and neobanks are attracting investment from overseas, as the wave of mega-mergers among the region’s largest lenders grinds to a halt.

Lebanon’s economic woes leave banks in limbo

March 8, 2021

Record low for the country’s currency in early March sparked angry protests, and there is little sign of improvement on the horizon.

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Karim S Rebeiz teaser

How to pull Lebanon back from the brink

April 3, 2020

The dean of the college of business at Phoenicia University suggests a roadmap for Lebanon’s economic recovery as the country faces default for the first time in its history.

Riad Salame teaser

Lebanon central banker looks to defy political and economic pressure

October 1, 2019

Lebanon's veteran central banker Riad Salame talks to The Banker about interest rates, bank compliance and consolidation in the country's financial sector. 

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Lebanon’s banks walk a tightrope

June 3, 2019

Lebanon’s banks are keeping their heads above water, but the country’s wider problems continue to pose a risk to its economic future. 

Lebanon Central Bank teaser

Day of reckoning approaches for Lebanon's economy

June 3, 2019

A combination of political paralysis and fiscal crises have brought Lebanon’s economy to its day of reckoning. 

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Lebanon's economy remains on a knife-edge

June 1, 2018

Lebanon's economy has been underperforming in recent years, hit by political uncertainty and fears over the conflict in Syria. However, an injection of finance from a group of international donors, combined with excitement over oil and gas discoveries, provide some cause for optimism. James King reports.

Blom Bank teaser

Lebanese banks confound expectations – but for how long?

June 1, 2018

Lebanese banks have weathered punishing conditions, including a tough new tax regime. Technological innovations continue to drive progress, but as James King reports, structural economic flaws must be addressed if they are to continue to thrive. 

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