According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 8.39% compared to last year, to reach $93B by mid of February 2024, amid adopting the 89,500 LBP/USD ... read more
On February 2nd, 2024, BDL issued Circular 167 requiring banks and all financial institutions, when preparing their financials, to abide by the international accounting standard IAS21. As important, in ... read more
BLOM Bank published on 31/1/2022 its consolidated, but un-audited, financial results for year 2021. The results obtained were naturally affected by the impact of the financial and economic crisis that has ... read more
In light of severe gasoline shortages in the country, the President of the Republic convened with the Ministers of Finance and Energy and the Governor of BDL on 24/6/2021, and agreed to use commercial ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased by LBP 141B ($94M) to stand at LBP 201,705B ($133.80B) by the week ending April 22, 2021. As such, on an annual basis, M3 ... read more
In a letter addressed to Finance Minister Mr Ghazi Wazni, Governor Riad Salameh stated resolutely that BDL is no longer capable of subsidizing essential goods, and asked the government that time has come ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 5.56% compared to last year, to reach $149.85B by the end of January 2021. The increase was mainly due to the ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $10.2B by November 2020, compared to a deficit of $5.85B over the same period last year. Accordingly, Net foreign Assets ... read more
According to balance sheet of Banque du Liban BDL, the central bank’s total assets continue to grow and added 9.80% sine year-start to reach $155.21B in October 2020. This increase is due to the rise of ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here