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Latest articles from Lebanon

Moving Lebanon from stability to growth TEASER

Moving Lebanon from stability to growth

August 27, 2012

Having protected the country's economic stability throughout a period of intense economic and political turmoil, the Lebanese central bank is now tasked with boosting job creation and lowering the country's growing budget deficit.

Lebanons central bank governor looks to maintain stability

Lebanon's central bank governor looks to maintain stability

May 1, 2012

The Lebanese banking sector witnessed slow growth in the first half of 2011, as political paralysis gripped the entire economy. The re-election of Riad Salameh as central bank governor helped boost activity in the latter half of the year, but with the country's political situation and the global economic climate still threatening to trouble Lebanese banks, how does he intend to stimulate growth throughout 2012?

Lebanese banks shrug off setbacks to stay on path to growth

Lebanese banks shrug off setbacks to stay on path to growth

May 1, 2012

Having endured an eventful recent past that includes a civil war, involvement in Middle East disputes and weathering the crisis in neighbouring Syria, Lebanon’s robust financial sector is growing at what the industry believes is a healthy pace. And with its banks highly liquid and well placed for the implementation of Basel III, good economic growth is forecast for 2012.

Middle Eastern banks look to move up a gear

Middle Eastern banks look to move up a gear

May 1, 2012

Armed with deep pools of liquidity, many Middle Eastern banks are exploring new avenues of growth, from expanding their regional presence to concentrating on innovation within the Islamic finance sphere.

Salameh_Riad_Teaser

Lebanon central bank governor stays calm amid crises

November 1, 2011

The governor of Banque du Liban's conservative approach has set Lebanon on a firm post-crisis footing, and has enabled the country's banking sector to ride out the 'Arab Spring' uprisings in the Middle East and north Africa with relative ease.

Lebanon's urgent need for economic reform

September 7, 2011

Blom Bank's chairman Saad Azhari, Banque Audi's group CFO Freddie Baz, Byblos Bank's executive director Sami Haddad and the Lebanese Banks Association's secretary general Makram Sader discuss privatisation, economic reform and other issues facing the new Lebanese government.

Lebanon flags

Lebanon brushes off external and internal upheaval

May 4, 2011

The collapse of its government earlier this year and subsequent political wrangling, together with less than optimistic trading figures, has left many fearing for the economic future of Lebanon. But the region has a long history of resilience in the face of adversity.

Central Bank of Lebanon

Lebanese banks push on with overseas expansion

May 4, 2011

The conservative approach adopted by Lebanon's largely family-owned banking sector over the past decade has served it well in the post-crisis environment. Now its key players are increasingly eyeing an expansion into the frontier markets of eastern Europe, the Middle East and Africa. 

Riad Salemeh

Lebanon's central bank governor gives country's banks a clean bill of health

May 4, 2011

Riad Salameh, governor of the Banque du Liban, tells The Banker how the country's banks have been unaffected by the turbulence in the Middle East and north Africa, and explains why they have been performing so well of late.

Ready to roar

May 5, 2010

Despite its relatively low level of activity, the potential of Beirut Stock Exchange is causing both local and foreign investors to take notice. Writer Daniel Maalo

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