According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 9.72%, year-to-date (y-t-d), to stand at $195.7B in August 2020. In details, Resident customers’ deposits ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $7.50B by August 2020, compared to a deficit of $5.89B by August last year. Accordingly, Net foreign Assets (NFAs) of BDL ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to a deficit of $2.15B in Q1 last year. Accordingly, Net foreign Assets ... read more
According to Lebanon’s Central Bank (or BDL), the Balance of Payments (BOP) recorded a deficit of $505.3M in the second month of the year, compared to a deficit $1.9B in the same period last year. In ... read more
BDL recently released the consolidated balance sheet of Lebanese commercial banks which revealed that the banks’ Total assets added 4.09% year-to-date (YTD), to reach $259.7B by November 2019. In fact, ... read more
On the back of BDL’s Circular No.532 (issued Nov. 04th) which instructed commercial banks in Lebanon to raise their Capital by 10% before year-end (and another 10% by end-June 2020), the Board of Directors ... read more
For a proper analysis of the changes to the Lebanese balance of payments in October 2019 to-date, it is worthy to take note of the developments on the political scene (attached to the ongoing civic protest ... read more
A lot of rumors have been circulating lately regarding the economic situation in Lebanon. Every citizen, whether an economic expert or not, is worried about the liquidity in the system and is trying to ... read more
Lebanon’s balance of payments (BOP) registered a surplus of $921.5M in August 2019, owing it to a foreign placement of $1.4B in BDL Certificates of Deposits (CDs). In fact, BDL’s NFAs witnessed an uptick ... read more
Growth in the Lebanese economy was capped in H1 2019 whilst Lebanon’s private sector continued to be crowded out. Lebanon is known for its ability to maintain financial stability despite political and ... read more
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