Category Archives: Banking

Lebanon… a financial miracle…

Although the international increase in raw material prices can be source of concern, The Central Bank of Lebanon seems confident to cushion repercussions of such an increase on the inflation rate. Lebanon kept inflation below 5 % during 2010 and projects inflation to drop to 2.8 % by the end of 2011, according to the government statistics department.
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Signature Fransabank signs with AUB an 11-year cooperation agreement worth US$ 28.5 Million

Mr. Adel Kassar, Fransabank group CEO, acknowledged President Peter Dorman’s efforts in taking the University (American University of Beirut) to new heights and placing Beirut at the cutting edge of educational and health practices in the Middle East. Continue reading

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Byblos Bank commits to local tourism

In its commitment to support tourism in Lebanon, Byblos Bank launched a series of seminars, targeting restaurant and hotel owners, on its Kafalat program. The seminars, organized in collaboration with the Syndicate of Restaurants, Hotels, Cafés, Nightclubs, and Pastry Shops’ … Continue reading

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