This week, the prime minister and head of parliament signed the 2019 Lebanese draft budget, but the final legistlation was delayed as the president requested clarifications regarding Article 80 on civil ... read more
According to Kafalat, the number of loan guarantees dropped from 228 guarantees by H1 2018 to 38 loans by June of this year 2019. Accordingly, the total value of issued loan guarantees also plunged from ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
As per the consolidated financial statements of BLOM Bank, the net profit for the first half of the year stood at $238.7M amid the recent headwinds faced by the Lebanese economy, compared to $243.8M in the ... read more
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s cash basis -fiscal deficit fell from $2.92B by May 2018 to $2.39B in the first five months of 2019. The improvement in the ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
Recently released un-audited financial statements of BLC Bank dated at June 30th 2019 showed a 36.22% Year-on-Year (Y-o-Y) decline in the bank’s net profits, to $12.50 million. In fact, the ... read more
According to the consolidated statements of Bank of Beirut (BOB), the bank’s net profits slid by an annual 16.06% to $65.9M in H1 2019. In fact, the decline came on the back of a yearly down tick ... read more
The consolidated financial statements of Bank Audi revealed a 5.66% yearly decline in its H1 2019 profits, to stand at $250.36M, of which 70.4% were generated by entities operating in Lebanon. In fact, the ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
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