Lebanon’s central bank is preparing a stimulus package to revive growth in an economy hit by armed conflict in neighboring Syria, the country’s central bank governor said. Riad Salameh said in an interview with Dow Jones Newswires that the Bank of Lebanon is putting the finishing touches to a
Lebanon’s Central Bank Governor Riad Salameh opened on Monday the trading session when he rang the opening bell at The London Stock Exchange, National News Agency ( NNA ) reported. Salameh headed a delegation to promote investments in Lebanon under the slogan “Lebanese capital markets day” which is being held for the first time
Lebanese Central Bank Governor Riad Salameh discusses the exposure of the country’s banks to government debt as well as the latest efforts to insulate the lenders from a crisis in neighboring Syria. He spoke in an interview today at his office in Beirut. On economic growth: “The indicators are showing that the real growth could […]
Lebanon plans to raise the minimum level of top quality capital reserves held by banks to 12 percent within seven years, the Central Bank governor said Friday. Riad Salameh said he originally envisaged asking banks to raise reserves of Tier 1 capital to 10 percent – already significantly higher than the 7 percent required by […]
Cabinet sources old al Liwa newspaper that Free patriotic Movement MP Michel Aoun is opposing the renewal of the term of Central Bank governor Riad Salameh and instead want Alan Bifani, director general of the Finance Ministry to replace Salameh.
The Governor of Central Bank of Lebanon Riad Salameh told As safir newspaper that there is no concern in 2011 about monetary stability in Lebanon which he described as balance without the intervention of the central Bank
Lebanon, where Muslims make up more than half the population, is considering legislation to boost Islamic finance after the industry failed to garner 1 percent of total banking assets.