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Top Lebanese bank to launch $1bn infrastructure fundFFA Private Bank, one of the leading investment companies in Lebanon, is all set to launch a structured investment vehicle to channel the country's investments in power sector and infrastructure projects. A More… |
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Top Lebanese bank to launch $1bn infrastructure fundFFA Private Bank, one of the leading investment companies in Lebanon, is all set to launch a structured investment vehicle to channel the country's investments in power sector and infrastructure projects. A More… |
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Saudi Blominvest wins approval for capital hikeSaudi Blominvest, a part of Lebanese banking group Blom, has won approval from the kingdom's capital market regulator to boost its capital to SR145 million ($38.6 million) from SR100 million, said a report. The company provide More… |
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Top Lebanese bank Audi profit up 14pcLebanese lender Audi Bank said it has registered a 14 per cent rise in its net profit for the nine months which hit $309 million, despite what it said were unfavourable economic conditions in Lebanon and the Mena region. Consolida More… |
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Bank Audi wins nod for $300m Turkish unitLebanon's Bank Audi said it had won approval to open a subsidiary deposit bank in Turkey with share capital of $300 million. Audi, which already operates in several countries in the Mena, said its decision to expand into Turkey came as More… |
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EFG-Hermes buys 65pc in Lebanese bankEFG-Hermes said on Tuesday it would buy a 65 per cent stake in privately owned Lebanon's Credit Libanais as the leading Egyptian investment bank sets out to diversify its business. EFG-Hermes agreed to pay $542 million from its own cas More… |
