Rymco’s board of directors invited its shareholders to attend an ordinary General Assembly at the company’s headquarters in Chiah at 10 o’clock on Friday the 17th of November 2017. On the board’s agenda, ... read more
Following stake sales to the Bahraini Holding CIH S.A.L and the board member Sarkis Demerjian, EuroMena III Fund was approved to acquire a share of around 3% of Credit Libanais. The purchased value ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
Despite the tough economic and political challenges that Lebanon has been facing since 2011, the banking sector stayed hale and hearty, with assets exceeding 350% of GDP. The Alpha Group of Banks, the top ... read more
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