News Lebanon Banks: Lebanon's central bank not bankrupt, governor says
Lebanon Central Bank Governor Riad Salameh on Monday denied that the institution he has led for 30 years was bankrupt and said it was still going about its legally-mandated role despite losses in the financial sector.
News Lebanon Banks: Lebanese central bank gold reserves worth $17.5 bln at the end of February - cbank chief
Lebanon's central bank had an estimated 286 tonnes of gold reserves valued at $17.5 billion at the end of February, central bank governor Riad Salameh told Egypt's Middle East news Agency.
News Lebanon Banks: Lebanon May Not Enact IMF Reforms Before Election, Lawmakers Say
Lebanon won't be able to deliver many if any reforms sought by the IMF as conditions for a funding deal before an election in May, two lawmakers said, meaning months could go by without action as that ...
News Lebanon Banks: Banks in Lebanon say IMF agreement 'crucial first step' towards recovery
The Association of Banks in Lebanon (ABL) said the country's agreement with the International Monetary Fund marks a “crucial first step” towards the country's economic recovery. The Washington-based ...
News Lebanon Banks: Lebanon Judge Freezes Assets of 5 Banks and Members of Boards
Lebanon's banks association said the decision was "illegal" and would further destabilize the country's banking system ...
News Lebanon Banks: Lebanese central bank seeks to strengthen currency after slump
Lebanon’s central bank said on Friday it aimed to boost the Lebanese pound’s value by easing restrictions on dollar purchases after the currency hit a record low, fuelling fresh protests about rising ...
News Lebanon Banks: Robin Abou Trabi: The young business entrepreneur breaking barriers in Lebanon
The future looks bright for Robin Abu Trabi, with several successful business ventures under his belt that continue to bring in large income streams ...