Home » LEBANON BRIEF » Issue December 2018 » Issue December 2018- Week 1
According to Kafalat, the number of loan guarantees dropped from 520 guarantees by November 2017 to 300 guarantees by November 2018. The overall value of the guarantees lost 39.39% year-on-year (y-o-y) to ... read more
According to the Central Bank of Lebanon, the balance of payments recorded a deficit of $3.12B by October compared to a deficit of $1B by the same period last year. In fact, the NFAs of the Central Bank ... read more
The board of directors (BoD) of BLC invited the holders of its Preferred Shares “E” to an extraordinary general assembly scheduled to be held at the bank’s headquarters in Beirut on Monday December 17, ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed an uprise of 10.35% year-to-date (y-t-d) to stand at $242.61B by October 2018. In details, deposits with BDL, constituting ... read more
The Central Bank’s (BDL’s) balance sheet posted a 19.05% year-to-date (y-t-d) increase in its total assets which stood at $140.78B by the end of November 2018. In details, BDL’s foreign assets ... read more
The BLOM Stock Index (BSI) fell by 2.15% to reach 959.87 points over the last week, recording one of its lowest values for the past period. The market capitalization dropped from $9.56B, last week, to $ ... read more
During the week ending November 22, Broad Money (M3) rose by a weekly LBP 251B ($167M) to stand at LBP 210,805B ($139.84M). On a yearly basis, M3 added 1.56% and marginally increased by 1.30% since the ... read more
Lebanese Forex Market The Lebanese Pound steadied 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 the Central ... read more
Lebanon’s BLOM Bond Index (BBI) declined over the last week by 0.12% to close at 85.85 points. The yields on (5Y) and (10Y) Lebanese Eurobonds witnessed variations in opposite sense. In fact the (5Y) ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) rose from 46.2 in October 2018 to 46.7 in November 2018, on account of slower declines in output and new orders since February. Accordingly, the implied ... read more
This report appeared in the print edition of the Daily Star newspaper on December 07th 2018. https://www.dailystar.com.lb/Business/Local/2018/Dec-07/471120-better-understanding-of-how-you-pay-online.ashx ... read more