While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 and Q2 of 2019. During the period, a political ... read more
The Board of Directors of BEMO Bank called for an extraordinary general assembly meeting on December 23, 2019 at 09.00am at the bank’s headquarters in Ashrafieh. The main items on the agenda are: To ... read more
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved economic growth, and higher deposit inflows in the ... read more
In his book “The Great Divide”, Nobel Prize winner Joseph Stiglitz highlights the idea that, in the period leading up to the 2008 financial crisis, large banks lost sight of their main function: financial ... read more
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
With its initiative to regulate the micro finance sector in Lebanon, the BDL recently issued a set of regulations to control the credit operations performed by the small credit companies called “credit ... read more
Following the approval of the board of directors and the Capital Markets Authority (CMA), IBL Bank decided to issue $40M subordinated bonds maturing in 2025, on the 10th of December 2015. These bonds are ... read more
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