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Social and Behavioral Sciences Commons

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Business

Holy Spirit University of Kaslik

Journal

Cost Reduction

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Full-Text Articles in Social and Behavioral Sciences

How To Put The Collapsed Lebanese Banking Sector On The Right Track?, Danielle Khalife, Jad Yammine, Tatiana El Bazi Apr 2022

How To Put The Collapsed Lebanese Banking Sector On The Right Track?, Danielle Khalife, Jad Yammine, Tatiana El Bazi

Arab Economic and Business Journal

The revival of Lebanon involves regaining trust in its banking system. Starting by highlighting the main banking sector’s inefficiencies in Lebanon, as well as the bad investment practices that have led to the current financial crisis, a full business model that could restore confidence in the Lebanese banking sector, and increase its profitability in the foreseeable future is proposed. This new business structure tackles three main areas including, cost reduction, liabilities management, and income generation, is suggested with evidence on how this model could play a major role in the upcoming recovery period and lead to positive financial results.