Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. The announcement lifted shares in the sector by as much as four percent in early trading.
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.
Why it matters
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
“The numbers are moving in the right direction, but the margin for error is thin.”
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
The announcement lifted shares in the sector by as much as four percent in early trading. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
