Home » LEBANON BRIEF » Publication December 2016 » Issue December 2016 - Week 1
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed an uprise of 7.36% year-to-date (y-t-d) and 9.55% annually to $199.67B by October 2016. On a year-to-date basis, reserves rose ... read more
The board of directors of Bank Audi called on the bank’s shareholders to attend an extraordinary general assembly meeting which is to be held at the bank’s headquarters on the 21st of December 2016 at ... read more
Lebanon’s Balance of Payments (BoP) a $125.3M deficit during the first 10 months of the year, compared to a deficit of $2.17B by October 2015. As such, BDL’s Net Foreign Assets (NFA) recorded an increase ... read more
According to the Ministry of Finance (MoF), total transfers to EDL stood at $438.82M by July 2016, 40.4% lower than its level in the same period of 2015. In details, $429.42M are transferred for the ... read more
According to the Lebanese Customs, Lebanon’s trade deficit broadened by 7.92 % to $13.16B by October 2016, as exports increased by a yearly 2.75% to $2.56B, while imports added 7.04% y-o-y to $15.72B. On ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market remained stable over the past week, at a mid-price of $/LP 1,514.25 within the range $/LP 1,514-1,514.5 on Friday. Foreign assets ... read more
The BLOM Bond Index (BBI) recorded a 0.29% weekly rise to reach 100.02 points. Similarly, the JP Morgan Emerging Markets’ Bond Index increased by a weekly 1.38% to reach 734.53 points. Hence, yields on the ... read more
Lebanon’s Bourse observed a slight improvement this week, where the BLOM Stock Index (BSI) rose 0.12% to reach 1,224.62 points. As such, market capitalization on the Beirut Stock Exchange (BSE) increased ... read more
During the week ending November 24, Broad Money M3 rose by a weekly LBP 217B ($144M) to reach LBP 194,787B ($129.21B). As such, M3 recorded a 5.59% annual increase and a 4.39% rise since the start of the ... read more
Contraction in the private sector’s economy shrank in November to its lowest level since February, with BLOM Purchasing Managers’ Index (PMI) recording a reading of 46.9, still below the neutral mark of 50 ... read more
The Alpha Group of Banks, the top 14 Lebanese banks whose deposits exceed $2B, displayed intact yearly progresses in the first three quarters (Q3) of 2016, as their assets reached 413% of GDP. Alpha ... read more