The announcement lifted shares in the sector by as much as four percent in early trading. The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.
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 wider picture
The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
“Nobody wants a repeat of 2019, and that concentrates minds.”
Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors.
Background
Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
