Home » LEBANON BRIEF » Publication October 2016 » Issue October 2016- Week 3
BBAC issued 5,000,000 new preferred shares series “C”, worth $50M. The shares, whose issue price is $10 per share, will be sold in units, where each unit represents 100 shares. Moreover, the shares ... read more
Due to the occurrence of Adha Holidays during the month of September, Beirut’s hotel occupancy rate increased to 70%, the highest level seen since the beginning of the year. Still, the average rate per ... read more
According to the Association of Banks in Lebanon (ABL), Lebanon’s value of cleared checks dropped by 6.76% year-on-year (y-o-y), where the number of checks cleared by Banque du Liban reached 9.20M worth ... read more
Lebanon’s gross public debt registered a yearly growth of 7.50%, to reach $74.04B by August 2016. In details, debt in local currency, LBP, grasping around 60.72% of the total gross public debt, witnessed ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets rose 5.26% year-to-date (y-t-d) and 7.79% y-o-y, to stand at $195.77B by August 2016. As a result of the BDL swap with the local banks, ... read more
Port of Beirut (PoB) recorded a 1.64% yearly rise in its revenues to reach $180.43M, a five year high during the first three quarters of the year. By September, total container activity including ... read more
21/10/2016 14/10/2016 % Change BLOM Stock Index* 1,205.48 1,164.01 3.56% Average Traded Volume 538,336 33,698 1497.53% Average Traded Value ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market improved over the past week, where the value of the Lebanese pound against the dollar rose from a mid-price of $/LP 1,514 ... read more
20/10/2016 13/10/2016 Change Year to Date BLOM Bond Index (BBI)* 102.49 102.54 -0.05% -1.55% Weighted Yield** 6.53% 6.52% 0.16% 6% Weighted Spread*** 554 551 0.54% 29% 13/10/2016 13/10/2016 ... read more
During the week ending September 29, Broad Money M3 grew by a weekly LP 670B ($445M) to reach LP 194,511B ($129B). As such, M3 recorded a 5.71% annual increase and a 4.24% rise since the start of the year. ... read more
Despite the tough economic and political challenges that Lebanon has been passing through, the Beta group was able to post positive returns in the first half of 2016. The Beta group of banks, Lebanese ... read more