According to Lebanon’s Ministry of Finance (MoF), personnel costs rose by an annual 22.7% to reach $940M by Feb. 2018. In fact, the eminent growth in personnel costs was driven by the parliament’s ... read more
According to the Central Administration of Statistics (CAS), consumer prices rose by an annual 3.17% in the first month of 2019, compared to an average inflation rate of 5.55% in January 2018. The rise is ... read more
According to the Association of Banks (ABL), the total value of cleared checks retreated by a yearly 16.71% to stand at $4.9B in January 2019. Similarly, the total number of checks over the same period ... read more
Abstract The purpose of this study is to present the now-popular 1,274 page McKinsey report in an illustrative, user-friendly, and shorter version that focuses on the key takeaways for Lebanon’s economy ... read more
The BLOM Stock Index (BSI) lost 1.28% to stand at 936.9points, on a very thin volume, by the week ending Feb.08th 2019, while the market capitalization slipped from last week’s $9.25B to $9.13B to ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be supported by ... read more
The total value of industrial exports added an annual 3.6% to reach $2.1B by October 2018, as per the Lebanese Ministry of Industry. In the month of October 2018 alone, the value of total industrial ... read more
BLOM Bank published today its unaudited financial results for 2018. In a difficult environment characterized by a slowing economy, higher taxes, and continuing political paralysis, BLOM Bank managed to ... read more
BLC Bank Financial Highlights in 2018 (in $M) Dec-18 Dec-17 Y-o-Y Total Assets 5,895.37 5,867.19 0.48% Loans and Advances to Customers 1,607.47 ... read more
2018: Byblos Bank’s Financial Highlights (in $ million) Dec-18 Dec-17 Y-o-Y Net Total Assets 25,000.60 22,661.50 10.32% Net Loans and Advances to Customers at ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here