Articles
Lebanon 'has no haircut or capital control plans'
The regulator's governor Riad Salameh said the bank can immediately deploy $30bn if required
Lebanon's private sector registers slowest 3-year decline in business conditions
The slower deterioration in operating conditions was partly driven by a softer fall in output at Lebanese private sector firms in October
Moody's downgrades Lebanon deeper into junk status
Agency says recent turmoil makes some form of deficit rescheduling more likely
Lebanon’s central bank commands lenders halt dividends and hike capital by 20%
Lenders have to increase their capital in two phases by the end of June 2020 to help ease growing pressure
Saudi Arabia approves Aramco IPO
The listing of the world's most profitable company is slated to be the largest globally
Lebanon's banks to open on Friday after two-week closure
The operating hours of banks will be extended for the first two days, according to the Association of Banks in Lebanon
Fitch cuts ratings of two of Lebanon’s largest banks due to liquidity risks
Both Bank Audi and Byblos Bank have been downgraded by the rating agency due to the impact of rising political tensions
Lebanon's largest lender believes country can turn the page
Exclusive: Blom Bank's chairman says the government needs to implement urgent reforms to spur growth
Mena region needs to accelerate reform — World Bank
Exclusive: The Mena region needs a "Sherman Act-like moment" to open up economies and encourage private sector growth
At Washington reception bankers dine on seafood as Lebanon faces reckoning
In times of crisis Lebanon’s economic stability has customarily hinged on the wisdom and foresight of its central bank governor but even he has limited firepower
IMF would review Lebanon aid package request if put forward, official says
The government needs to rebalance the economy which is forecast to slow down to 0.2% this year making fiscal deficit containment imperative
IMF urges Lebanon to rebalance economy and check risks
Public debt, currently $86.3bn and 150% of economic output, is forecast to increase to 155% by the end of 2019
IMF chief says fast pace of change necessitates trade system reform
Job losses from automation, dislocations from trade and aging populations make the need for reforms more urgent said Kristalina Georgieva.
How Big Tech is reshaping banking and financial services
New platform enabled India’s government open 330 million accounts for those without bank access in 10 years instead of 46
Gender equality and social transformation are irreversible, IMF chief says
On average women do 2.7 hours more of unpaid work per day than men
