Payment Cards In April 2009
Banque Du Liban (BDL) statistics revealed a healthy 8.05% annual expansion in the number of payment cards in Lebanon (debit and credit cards) reaching 1,601,215 cards as at end of April 2009.
Lebanese Government Completes Plan to Mitigate Global Financial Crisis
According to the Lebanese press, the Lebanese government approved recently a plan aimed at shielding the Lebanese economy from the global financial crisis.
Moody’s Places Deposit Ratings for Three Lebanese Banks under Review
Moody's Investors Service, the International Rating Agency, placed under review the global local currency (GLC) deposit ratings for Audi Bank, Blom Bank and Byblos Bank for possible downgrade.
Egypt’s Economy to Register 4.5% Real Growth in the Second Quarter of 2009
According to the Finance Minister, Egypt’s real GDP growth is expected to hit the 4.5% mark in the second quarter of 2009.
Consumer Confidence Index in May 2009
The U.S. Conference Board reported that the U.S. consumer confidence index expanded by 34.56% to 54.9 in May 2009, up from 40.8 in April 2009.
