Home » LEBANON BRIEF » Issue July 2017 » Issue July 2017 Week 4
The consolidated financial statements of Byblos Bank revealed a 9.07% drop in profits in the first half of 2017 (H1 2017) since year start. According to Byblos Bank’s official statement, this decline is ... read more
The consolidated financial statements of BEMO Bank showed an increase of 8.24% year-to-date(y-t-d) in profits to $7.90M in the first half of 2017 (H1 2017). In fact, Net interest and other gain on the Fair ... read more
According to the consolidated un-audited balance sheet of Bank of Beirut, total assets rose by a yearly 9.30% to $17.64B as of end June 2017. Net Loans and Advances to Customers at amortized cost ... read more
According to the Ernst and Young (EY) Middle East Hotel Benchmark Survey, the occupancy rate of Beirut hotels rose from 55.1% in the first half of 2016 (H1 2016) to 61.6% in H1 2017. Room yields in ... read more
According to the Ministry of Tourism, the number of tourist arrivals increased by a yearly rate of 14.25% to 826,129 by June. This increase was due to the rise in the number of tourist arrivals from the ... read more
Real estate advisory firm RAMCO recently released its latest price mapping of the residential real estate market within the Municipal limits of the capital Beirut. The prices are those of stock under ... read more
The Port of Beirut’s revenues (PoB) decreased in the first half of 2017 by 3.20% on an annual basis to $116.03M. Total container activity including transshipment (TEU+TS) increased by a yearly rate of ... read more
During the week of 7 to 13 July 2017, Broad Money M3 increased by a weekly of LBP 240B ($159M) to reach LBP 206,662B ($137.09B). In addition, M3 recorded a growth rate of 8.38% on a year-on-year basis a ... read more
Lebanese Forex Market Demand for the Lebanese Pound increased over the past week on the Lebanese forex market with the value of the Lebanese Pound trading within the range of $/LP 1,513.5-1,514 with a ... read more
The BLOM Bond Index (BBI) gained 0.10% during the past week to settle at 104.49 points. Meanwhile, the JP Morgan Emerging Markets’ Bond Index (EMBI) slid by 0.04% to end the week at 790.07 points. The ... read more
The BLOM Stock Index (BSI) lost 0.17% over the past week to 1,154.58 points. The average weekly traded volume rose from 188,161 to 368,203 and the average traded value increased from $1.45M to $3.54M. The ... read more
The report analyzes and sums up the key international, regional, and domestic developments that impacted the performance of Lebanese Eurobonds in the first half of 2017. The points developed in this report ... read more