Banking & Finance

“BTA-Fransabank Retail Index” For the second quarter of 2014 (Q2-2014)

- From Hope to Disappointment –

The new government of Tamam Salam sent positive signals to the markets during the first part of the 2nd quarter of 2014.

However, this positivism was short lived, and recession resurged as the master of the game.

Dubai Smart Government enhances direct debit service with inclusion of Emirates NBD and EIB

UAE, August 10, 2014- Dubai Smart Government (DSG) has announced the activation of Emirates NBD and Emirates Islamic Bank (EIB) into its direct debit service, which is heavily used for ePay and settling of Dubai government fees and services.

BLC Bank Honors Homentmen (Antelias) Women Basketball Team

Beirut – Lebanon: Mr. Maurice Sehnaoui, Chairman and General Manager of BLC Bank, in the presence of Mr. Raoul Nehme, General Manager of BLC Bank,  honored today the Antelias Homenetmen  Women Basketball Team who was crowned champion of the Lebanese Basketball Tournament for the year 2014. The honoring ceremony took place at BLC Bank’s headquarters and was attended by the Chairman of Homenetmen Antelias, Dr.

BankMed is the first bank in Lebanon to assess the status of the country’s oil and gas potential

Beirut, 27 June, 2014:  In line with its efforts to evaluate the status of economic sectors in Lebanon and assess their viability and contribution to the Lebanese economy, BankMed held on June 27, 2014 a forum, titled, “Oil and Gas in Lebanon 2014,” at the Four Seasons Hotel in Beirut to address Lebanon’s oil and gas potential. The event, which received high interest and recognition, was attended by a large number of the Bank’s clients and key stakeholders in the sector.