Home » LEBANON BRIEF » Issue June 2018 » Issue June 2018 - Week 3
The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $128.79B in mid- June 2018, recording a 2.8% increase from Mid-May’s 2018 level. Foreign assets, constituting 35% of ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon went up by 5.7% in the first five months of 2018 since the average Consumer Price Index (CPI) rose from 99.32 by May ... read more
According to Holcim’s balance sheet as of December 2017, the company’s assets grew by 3.03% year-on-year to $264.3M. However, total equity declined by 3.34% year-on-year to $176.06M at the end of December ... read more
According to the Real Estate Advisory Agency RAMCO, the average size of an apartment under construction in Beirut stood at 182 SQM in 2017, 8% lower than 2016’s average. Moreover, between 2009 and 2017, ... read more
According to the Ministry of Tourism, the number of tourist arrivals increased by a marginal 1.02% by May 2018 compared to the same period in 2017. The increase was partly hampered by the elections held in ... read more
According to the Ministry of Industry, the total value of industrial exports increased by 5.4% by March 2018 (during Q1 of 2018) compared to the same period of the year 2017. The total value of ... read more
By Dr. Ali Bolbol, Chief Economist at BLOM Bank and Alexandre Mouradian, Head of Investor Relations at Blominvest Bank Introduction It is often mentioned that Lebanon suffers from a productivity gap or ... read more
The week after Fitr Holiday showed no improvement in the performance of the Beirut Stock Exchange (BSE) with the BLOM Stock Index (BSI) decreasing by a weekly 1.33%, to settle at 1,064.15 points by June ... read more
Lebanese Forex Market The Lebanese Pound traded within the range of $/LP 1,514-1,514.5 against the dollar with a mid-price of $/LP 1,514.25 by the week ending June 22nd, at the same range as last week. The ... read more
During the week ending on June 07th, Broad Money (M3) decreased by a weekly LBP 53B ($35M) to reach LBP 205,649B ($136.4B). On a yearly basis, M3 added 2.72% y-o-y and rose by 1.51% since the start of the ... read more
Lebanon’s BLOM Bond Index (BBI) dropped by 1.96% over the past week to reach 90.06 points. As for the JP Morgan Emerging Markets’ Bond Index (EMBI), it recorded a marginal increase of 0.07% and reached ... read more
When discussing the real estate market, a common misconception leads many to think only about the residential segment of the market. However, the real estate market encompasses the housing segment and the ... read more