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.
Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
What happens next
The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
“Capital follows credibility, and credibility is finally being rebuilt.”
Economists expect inflation to ease into single digits by year end if the exchange rate holds. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
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.
