banking
HSBC surprises with 74% rise in Q3 profit and $2 billion buyback
October 25, 2021
Singapore, Oct. 25 (BNA): HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loans receded,......
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Lebanese Pound Back in Freefall after Brief Recovery
October 14, 2021
The Lebanese pound sold for more than 20,000 to the dollar on Wednesday, losing almost all the value it regained following the announcement of a......
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Asian Development Bank boosts climate financing goal to $100bn
October 13, 2021
WASHINGTON: The Asian Development Bank’s chief said on Tuesday said the lender will boost its climate financing goals by $20 billion to a new......
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New Zealand Central Bank Raises Key Interest Rate
October 7, 2021
New Zealand's central bank raised interest rates for the first time in more than seven years on Wednesday, removing some of the support it put......
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Protestors, Depositors Besiege Sfeir in Bank of Beirut
October 7, 2021
The Association of Banks and the Bank of Beirut in central Beirut closed their doors Wednesday to protect their Chairman Salim Sfeir as depositors......
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Bank of America launches research on digital assets
October 6, 2021
RIYADH: Bank of America, one of the largest banks on Wall Street, has launched digital asset research as it looks to scale its crypto trading business.......
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Khoury says policy of stabilizing currency has led to current collapse
October 4, 2021
NNA - In an issued statement on Sunday, former Minister Raed Khoury considered that 'the policy of stabilizing the Lebanese currency is the sin......
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Lebanon Names Team for IMF Talks
October 3, 2021
Lebanon said Thursday it has formed a new government delegation to resume talks with the International Monetary Fund aimed at rescuing the country......
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Bank depositors call for occupying the Lebanese banks
September 30, 2021
The “Lebanese Depositors Association” slammed the decision to extend the work of Circular No. 151 which calls for an exchange rate of......
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Central Bank OKs Seven Imported Fuel Ships
September 14, 2021
The central bank will give pre-approvals to all seven oil importing companies to import seven fuel ships, according to TV channels. Sources informed......
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