Lebanese Monetary Policy 2012: Central Bank to Keep Stable Currency
Exlusive interview with the Governor of Banque du Liban (Central Bank of Lebanon) about the monetary policy and vision for 2012.
imported 2024-03-17 17:43:07
Exlusive interview with the Governor of Banque du Liban (Central Bank of Lebanon) about the monetary policy and vision for 2012.
René Chamussy believes that having French universities like Université Saint-Joseph is a necessity. in 2003 Université Saint-Joseph became par of the European Credit Transfer System which was very welcomed by its students.
Despite the regional situation, banking sector in Lebanon performed well in 2011. 2012 started off very well for the banking sector in Lebanon; the banks are growing, says Mr. Azhari. Blom Bank enjoys the best return on equity, the best return on asset, the lowest cost to income etc. Blom Bank has recently received an award Best Bank in Lebanon for 2012.
Lebanese banks and the banking industry in Lebanon is performing quite well despite the ongoing conflict in the neighbouring Syria. Dr. Sader expects the banking activities in Lebanon should reach 7% growth in 2012 but the growth in profits will be slower.
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
Although the well-capitalized Kuwaiti banking sector has digested the financial crisis by bringing down the share of non-performing loans (NPLs) and getting back to profits, the political ups and downs as well as the economic (oil) monoculture in the northern Gulf state prevent the sector from achieving its full potential.
Fighting Diabetes is one of the biggest challenges the Gulf healthcare sector has to deal with. The Dasman Diabetes Institute aims to prevent and to mitigate the impact of diabetes in Kuwait.
Interview with Eduardo Eguren, Chief Executive Officer of Burgan Bank. Burgan Bank is optimistic about the outlook for the banking sector in Kuwait in 2012; there will be growth in the sector but only a moderate. Kuwaiti banks have been affected by the crisis and they are slowly getting back on the old tracks. An example of this could be Burgan Bank which reduced its cost of credit by 72% last year.
Jacques de Oliveira Pena, Presidente do Banco de Brasília (BRB)
O Presidente do Banco de Brasília, Jacques de Oliveira Pena, fala do BRB, cujo objetivo é captar recursos para o desenvolvimento da região do Distrito Federal, através de várias carteiras: comercial, câmbio, desenvolvimento e imobiliária.
Burgan Bank’s normalized operating margin in 2011 grew 15%, several times the expansion of the GDP. Thus, the bank has been able to win some market share.