The tax hike had a dire impact on the mood of Lebanese consumers in the third quarter of 2017, the Byblos Bank/AUB Consumer Confidence Index indicated.
Lebanon’s Central Bank said a planned $1.7 billion debt swap between it and the Finance Ministry did not represent another round of the “financial...
After tensions escalated between Saudi Arabia and Hezbollah following Prime Minister Saad Hariri’s resignation on Nov. 4, the situation of hundreds of...
Prime Minister Saad Hariri’s resignation could lead to a political vacuum and a loss of confidence, which would have a negative impact on Lebanon’s credit...
The resignation of Prime Minister Saad Hariri Saturday shocked the nation, dividing analysts on what the move would mean for the coming months even as experts...
Lebanon’s main four banks in terms of profits, assets and deposits have succeeded in achieving relative growth in the third quarter of 2017 despite...
The new taxes and fees on properties have affected demand for apartments and houses in the third quarter of this year, the Byblos Bank Real Estate Demand...
Byblos Bank, one of the largest lenders in Lebanon, announced Wednesday that its net profits in the first nine months of 2017 slightly increased by 0.8...
The Daily Star’s rundown of five stories from Lebanon, the region and the world you need to read now.
Joe Ghanem has won the 2017 edition of the Byblos Bank Award for Photography.
The Constitutional Council decision to rescind the tax hike law has put the government in an unenviable position and may force it to weigh more options to...
The consolidated balance sheets of Lebanese commercial banks through July 2017 reached $208.5 billion, an increase of 2 percent over the same period in 2016.
Bitcoin is either the next big thing in finance, a fast-growing bubble that will inevitably burst, or a combination of the two – a new concept whose...
Moody’s rating agency downgraded the long-term deposits rating of Bank Audi, BLOM Bank and Byblos Bank to B3 from B2 due to the increasing exposure of these...
Lebanese banks are making their presence felt in the international market as a recent report showed that 10 local lenders are among the top 1,000 banks in the...
Cairo-based investment bank EFG Hermes expects Lebanon’s three largest banks to record a slight increase in customer deposits at the end of 2017 despite the...
The Lebanese seemed more inclined to invest in new properties thanks to the low interest rates on mortgages, a new survey by Byblos Bank showed.
A leading banker warned Thursday against “moral hazards” if the government continues to burden the Central Bank with all the economic and financial problems...
Lebanon’s three largest banks have seen their combined profits in the first half of 2017 rise by 2.18 percent to $512.63 million, according to a report by...
Byblos Bank’s net profits in the first six months of 2017 plunged 9 percent to $66.3 million after the lender wrote off the balance sheets of its subsidiaries...