The Association of Banks in Lebanon signed on Wednesday a memorandum of understanding with the Agriculture Ministry to provide investors in the agriculture sector with soft loans ranging from LL3 million ($2,000) to LL25 million to finance small and medium enterprises (SMEs) for a four-year period at low interest rates……

ABL's 2009 Annual Report edited in Arabic is available. English and french joint publication for 2009 will soon be published.

The 48th ordinary General Assembly of ABL Members was held on June 28th, 2010. Dr. Joseph Torbey, Chairman of the Board, enumerated the achievements of the Board for the period of June 2009 till June 2010; the Annual report was also discussed and approved. The independent auditors report for that same period was also approved by the General Assembly of Members. The current Board was granted clearance and the 2011 draft budget was discussed and decided upon. In his speech, Dr. Joseph Torbey, President of the Association of Banks in Lebanon, projected a strong economic growth this year …

PricewaterhouseCoopers (PwC) and the Association of Banks in Lebanon (ABL), organized a conference entitled: "Risk-based Capital Management" that take place on Thursday 24 June 2010 in the ABL auditorium. The keynote speakers included the PwC global leader on risk-based capital management, Chris Matten from PwC in London. Chris is the author of the definitive work on bank capital management, “Managing Bank Capital: Capital Allocation and Performance Measurement”...