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Lebanon Finance News

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

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Byblos Bank

EIB offers $303 million in credit lines to four banks. Funds target SMEs and mid-cap companies

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The European Investment Bank (EIB) has granted credit lines to four local banks with a combined value of 265 million euros ($303 million). The funds will be used to finance small and medium enterprises (SMEs) and mid-cap companies.

The benefi….
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$3 billion bonds issued to repay maturing debts. Oversubscribed six times

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The Ministry of Finance (MoF) issued U.S. dollar denominated bonds worth $3 billion to repay foreign currency debt maturing throughout the year. The original objective was to raise $1.5 billion.

The bonds were divided into three tranches with….
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FFA: BLOM shares stable Audi and Byblos to decline. Growth in net profit, assets, deposits, and loans of each of the banks in 2015

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FFA Private Bank revised down the target price on the shares of Bank Audi and Byblos Bank due to tough operating conditions and foreign exchange devaluation in key global markets. FFA kept the target price on Blom Bank’s stock unchanged.

The ….
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FFA: BLOM shares stable Audi and Byblos to decline. Growth in net profit, assets, deposits, and loans of each of the banks in 2015

Stock-Market.gif

FFA Private Bank revised down the target price on the shares of Bank Audi and Byblos Bank due to tough operating conditions and foreign exchange devaluation in key global markets. FFA kept the target price on Blom Bank’s stock unchanged.

The ….
Article details

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