Lebanon Finance News

Dedicated to economic and finance news on Lebanon, managed by the team of Lebanon Opportunities.

Wednesday, September 25, 2019

Central Bank’s gold reserves jump 26 percent in 12 months. Improvement driven by surge in global prices

The value of the gold reserves held by the Central Bank (BDL) surged 26 percent to $13.9 billion by mid-August 2019 compared with a year ear...

Tuesday, September 24, 2019

Deposits are secure at Jammal Trust Bank. Liquidity is available
to meet the needs of legitimate accounts

All lawful deposits with Jammal Trust Bank (JTB) remain secure until their maturity date and liquidity is available to meet the needs of the...

Monday, September 23, 2019

Central Bank’s reserves up $1.4 billion in two weeks. Growth comes from non-resident private sector depositors

The foreign exchange reserves of the Central Bank (BDL), excluding gold, increased by nearly $1.4 billion during the second half of August t...

Tuesday, April 2, 2019

Visa offers fintechs easier services at lower cost. Deal with Beirut Digital District to boost fintech know-how

Visa Inc. will offer new financial technology companies (fintechs) the opportunity to benefit from its payment services in an easier and sim...

Thursday, March 28, 2019

Arab Fund to lend $165 million to Housing Bank. Proceeds are adequate to lend to over 1,000 borrowers

Banque de l'Habitat (The Housing Bank) has secured a 30-year soft loan of KD50 million ($165 million) from the Arab Fund for Economic an...

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