Monday, May 21, 2012
   
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September 2011

- 21,337 was the number of bank employees in Lebanon at the end of 2010 in comparison with 19,794 employees at the end of 2009, thus representing an increase of 1,543 employees. The estimated number of employees who left work (by resigning or retiring) is 270, which means that the banking sector offered around 1,813 positions. The cost of these employees reaches LBP 1,210 billion annually, LBP 53 billion of which are school grants.

- 65 is the number of banks operating in Lebanon. The first 5 banks account for 60% of deposits, while there are 35 banks that altogether account for 1.5% of deposits.

- $ 22.5 million is the approximate cost of the Amchit - Mayfouq road project, which is to be 24 km long. It is expected to be completed by the beginning of 2013. In previous years, the Metn Highway project was constructed from Nahr El Mot to Baabdat with $27 million. It is worth noting that the former project is being implemented during the mandate of President Michel Suleiman, (from Amchit) and the latter was implemented during President Emile Lahoud ‘s mandate (from Baabdat).

- 50/2011 is the number of the decision issued by Prime Minister Najib Mikati on July 8, 2011, which grants a permanent authorization to the Director General of the Presidency of the Council of Ministers, Dr. Suhail Bouji, to perform some of the prime ministerial functions and sign certain transactions, including administrative and financial transactions.

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