Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
Market reaction
Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month. Economists expect inflation to ease into single digits by year end if the exchange rate holds.
“This is the most consequential moment for the sector since the crisis began.”
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
The announcement lifted shares in the sector by as much as four percent in early trading. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
