Interest Rates Activity in the Lebanese Banking Sector
Banque Du Liban (BDL) statistics uncover a shy monthly contraction in the average interest rate on Lebanese-pound denominated deposits to 7.13% in February 2009
IMF Releases Global Financial Stability Report
According to the International Monetary Fund’s (IMF) latest “Global Financial Stability Report” released on April 22, 2009, the global economy is expected to slow by 1.3% in 2009.
Byblos Bank’s Financial Performance In the First Quarter of 2009
Byblos Bank posted some 18.63% annual increase in net after tax profits to $24.96 million in the first quarter of 2009, up from $21.04 million a year earlier.
