According to Kafalat, the number of loan guarantees dropped from 257 guarantees by July 2018 to 42 loans by July 2019. It followed that the total value of issued loan guarantees slumped from $33.6M by July ... read more
According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019. In details, Foreign Assets (which grasped 28.23% of BDL’s Total ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average consumer prices rose by an annual 3% in the first seven months of 2019, compared to an annual uptick of 6.23% recorded by July ... read more
The slump in the car market persists in the first seven months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 22,245 by July 2018, to stand at 16,988 cars by July ... read more
The latest data by the Association of Banks (ABL) revealed that the total value of cleared checks declined by an annual 15.8% to stand at $32.6B by July 2019. In turn, the total number of checks fell by ... read more
Overview H1 2019 carried political, economic, and social headwinds. Lebanon faced various political, social, and economic difficulties in the first 6 months of 2019, starting with a prolonged delay in ... read more
During the month of July 2019, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since 2.5 years ago, with the index standing at 47.7 points, still below the neutral mark of 50 points ... read more
According to Kafalat, the number of loan guarantees dropped from 228 guarantees by H1 2018 to 38 loans by June of this year 2019. Accordingly, the total value of issued loan guarantees also plunged from ... read more
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s cash basis -fiscal deficit fell from $2.92B by May 2018 to $2.39B in the first five months of 2019. The improvement in the ... read more
Beirut-Rafik Hariri International Airport received an additional 78,221 travelers in the first 5 months of 2019 when compared to the same period last year, to reach 3.1 million passengers. The number of ... read more
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