Tags » Banking Sector

Changing Contours of the Financial Sector Architecture: Small Tremors or Tectonic Shifts

Recent years have seen the kind of changes in the financial landscape at institutional level which appear to be unprecedented and fundamental in many ways… 239 more words

Finance

BUDGET DEFICIT DOWN AT $908 MILLION BY JUNE 2017

Lebanon ranked 88th in the world in the 2017 Passport Index, which indicated that a Lebanese passport-holder is eligible to visit a total of 37 visa-free countries, in comparison with 39 countries in 2016. 33 more words

Weekly Market Watch

Saudi Arabia’s IDB plans on introducing blockchain technology into its Islamic banking products

This development will help open up the banking sector in the Middle East, Asia, and Africa. Already Canadian and Indonesian firms have gained sharia-compliant certification for their banking products. 167 more words

Companies

THE IMF PROJECTS LEBANON’S ECONOMIC GROWTH AT 1.5% IN 2017 AND 2.0% IN 2018

The IMF downwardly revised economic growth estimates for Lebanon to 1.5% for 2017 (down from an estimated 2.0% in its April WEO report), 2.0% for 2018 (down from 2.5%), and 3.0% for the year 2022 (unchanged). 33 more words

Weekly Market Watch

LEBANON RECORDS DETERIORATION IN ALL BUT ONE WORLDWIDE GOVERNANCE INDICATOR

According to the World Bank’s 2017 Worldwide Governance Indicator, Lebanon outperformed its Arab peers in terms of the accountability dimension, while it fared much worse in terms of political stability, regulatory quality, government effectiveness, rule of law, and control of corruption. 33 more words

Weekly Market Watch

The Canadian housing market is in good shape, and so are the banks, analysts say

Despite rising interest rates and various policy measures implemented to slow pricing growth, the Canadian housing market is not on track for a sharp decline. It nonetheless bears watching, as the domestic mortgage market is a big factor for the Canadian banks. 541 more words

Investing

Value of Real Estate Sale Transactions up by 20.24% y-o-y by August 2017

Moody’s upgraded its outlook for Lebanon’s banking sector from “Negative” to “Stable”, attributing its decision to the sector’s improved operating environment, steady deposit inflows, vivid liquidity levels, and the Lebanese government’s “strong incentive” to continue supporting banks. 33 more words

Weekly Market Watch