Home » LEBANON BRIEF » Publication February 2017 » Issue February 2017 - Week 4
According to Midclear, the board of directors of IBL Bank, who convened on 16/05/2016, decided to redeem and cancel the bank’s preferred shares series (2) through re-purchase from shareholders. The number ... read more
According to Kafalat, the number and value of issued loan guarantees stood at 47 and $5.34M in January 2017 compared to 54 guarantees worth $7.93M issued back in January 2016. Over the same period, the ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) showed signs of inflation in the first month of the year. The CPI rose from 94.45 points in January 2016 to 98.47 ... read more
According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars slid by 1.00% year- on- year (y-o-y) to 2,571 cars by January 2017. In details, ... read more
The revenues of the Port of Beirut (PoB) amounted to $19.38M in January 2017 up from $18.37M in January 2016. In details and over the same period, total container activity including transshipment (TEU+TS) ... read more
During the week ending February 2, Broad Money M3 increased by a weekly LBP218B ($144M) to reach LBP 200,276B ($133B). Moreover, M3 recorded a 7.72% annual increase and a 0.62% rise since the start of the ... read more
The BLOM Bond Index (BBI) increased by a weekly 0.25% to reach 104.98 points and was outpaced by the JP Morgan Emerging Markets’ Bond Index which rose by a weekly 0.74% to 764.12 points. Demand for ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market stabilized at $/LP 1,514.25 within the range $/LP 1,514 – 1,514.5. Foreign assets (excluding gold) at the Central Bank reached ... read more
The BLOM Stock Index (BSI) ended the week with a 0.61% increase to reach 1,227.70 points. During the week, 122,865 shares worth $1.36M were traded on average compared to 181,687 and $977,319 last week, ... read more
The rate of contraction of Lebanon’s trade deficit that started in 2014 and 2015 failed to continue in 2016, due a faster rise in imports than exports. In details, the deficit has registered a 3.56% yearly ... read more