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Latest articles from Lebanon

Riad Salame

Lebanon CBG continues to play starring role

June 1, 2016

The long-serving central bank governor of Lebanon, Riad Salamé, is a popular figure throughout the country, where he is widely seen as a steady hand amid an environment of political uncertainty. He talks to Edward Russell-Walling about his role in managing the Lebanese economy.

Banque Du Liban

Lebanon's banks battle on against economic headwinds

June 1, 2016

Lebanon's banks have for the past few years served as the pillars of the country's otherwise shaky economy. While they remain healthy, profits are being squeezed and lenders are anxiously awaiting a return to political and economic stability in the country.

Top-100-Arab-Banks-2015-another-strong-year

Top 100 Arab Banks 2015: another strong year

October 1, 2015

Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking. 

Lebanon in stasis

In stasis: Lebanon's economy stifled by Syria and political deadlock

April 30, 2015

The civil war in bordering Syria and a stagnant political scene have caused Lebanon's economy to grow at a slow pace in recent years. While factors such as the low oil price give some cause for optimism, the prevailing feeling of uncertainty in the country means few see it realising its full potential any time soon.

The north Africa attraction

Heading west: why Gulf banks are eyeing north Africa

April 30, 2015

The countries of north Africa have been proving attractive for lenders from the Gulf region for decades, but in recent years this activity has picked up, with Egypt a particularly popular destination. Tom Stevenson looks at the reasons why Gulf banks are heading west. 

Lebanese banks go global

Lebanese banks go global

April 30, 2015

Operating in a relatively small domestic market often beset by social and political upheaval has led Lebanese banks to look overseas as a way of expanding, something from which they are now reaping the dividends.

New optimism for Lebanons banking sector

New optimism for Lebanon's banking sector

May 1, 2014

Lebanon is facing a new dawn, with its first functioning government in months promising an end to the political volatility that has mired its economy in recent years. Yet despite this instability, the country’s banks have been steadily growing and increasingly looking to other markets to expand. 

Riad Salameh anticipates economic rebound

Lebanon's central bank governor anticipates economic rebound

May 1, 2014

Lebanon has endured a difficult few years of domestic and regional uncertainty, which have weighed heavily on its economy. But now the governor of the central bank Riad Salameh, is preparing for the prospect of renewed growth. 

Blom Bank

Lebanese banks look further afield for growth

May 1, 2013

With Lebanon's economy feeling the strains of political infighting and the two-year civil war in neighbouring Syria, its banks have been looking overseas in search of growth, establishing footholds in countries such as Turkey and Iraq, as well as seeking to consolidate their presence in Egypt and the Gulf.

Cause for optimism in Lebanon's banking sector

September 3, 2012

After performing admirably in the aftermath of the global financial crisis, the growth of Lebanon's banks dramatically slowed. The Arab Spring uprisings in the Middle East and north Africa last year further unsettled the country's financial sector, but, as leading figures from its banks explain, there is still a great deal of room for optimism.

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