$3 billion 4-year facility initial deal with IMF reached – Staff level agreement contingent on reforms.
The International Monetary Fund (IMF) has reached a ‘staff-level agreement’ with the government for a four-year ‘Extended Fund Facility’ that would only get full approval from the fund after a […]
$500 million fund to lend local businesses To be established by Palladium, Bamboo Capital, and Cedar Oxygen
A group of private Lebanese investors, made up of Palladium and its asset management arm Bamboo Capital Partners in addition to Cedar Oxygen, have entered into a strategic partnership to […]
Climbing mortgage rates hit already high home prices in US
CLIMBING MORTGAGE RATES HIT ALREADY HIGH HOME PRICES CNBC’s Diana Olick reports on what the gain in home prices and inflation fears mean for the housing market.
How to convert lollars into fresh money – Central Bank creates special accounts for up to $50,000
Central Bank Circular The Central Bank (BDL) has issued a circular detailing the implementation of its decision to allow the conversion into fresh money of funds in foreign currencies (mostly […]