Despite the political breakthroughs witnessed at the end of the year 2016 with the election of a Lebanese President, Michel Aoun, and the formation of the government, the real estate sector’s performance ... read more
Confidence: the underlying driver behind every market’s boom or bust. Currencies are no strangers to this concept; pegged or free-floating, a strong currency is one that has a vote of confidence. In ... read more
The balance sheet of Lebanon’s commercial banks revealed that total assets grew by 5.62% year-to-date (y-t-d) to reach $215.79B by October 2017 compared to $204.31B in December 2016. The rise can be ... read more
The World Bank recently released a report entitled “The Tech Start up Ecosystem in Beirut” in which it attempts to portray the status of this budding scene in Lebanon. The World Bank’s findings are based ... read more
During the week of 19 – 26 October 2017, Broad Money (M3) declined by a weekly LBP 418B ($277M) to reach LBP 208,458B ($138B). Nonetheless, M3 grew by 7.36% on a year-on-year basis and by 4.73% since ... read more
According to Banque du Liban’s (BDL) Circular #473, the ceiling on the amount of subsidized housing loans has been upped from a previous LBP 800 million ( around $530,679) to LBP 1.2 billion ($796,020). ... read more
During the week of 7 to 13 July 2017, Broad Money M3 increased by a weekly of LBP 240B ($159M) to reach LBP 206,662B ($137.09B). In addition, M3 recorded a growth rate of 8.38% on a year-on-year basis a ... read more
Despite the improvement in the tourism sector, Lebanon’s Balance of Payments registered a deficit of $357.6M during the first 5 months of the year compared to a deficit of $1.76B by May 2016. By May 2017, ... read more
According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed, for the first time in 3 years, a surplus of $508.5M by February 2017 as compared to the $356.3M deficit recorded ... read more
During the week ending February 23, Broad Money M3 increased by a weekly LBP170B ($113M) to reach LBP 200,808B ($133B). Moreover, M3 recorded a 7.90% annual increase and a 0.89% rise since the start of the ... 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