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
According to the BDL ,the number of outstanding payment cards increased by a yearly 5.08% to 2.69M by June 2018. The number of cards held by resident recorded an increase by 4.86% to reach 2,59M by June ... read more
In line with the previous years, Lebanese banks preserved their role as buffers against the recurring headwinds of an uncertain economy. As a matter of fact and despite the existing low growth environment, ... read more
Payment cards saw progressing appetite in 2015 following the ongoing and aggressive retail campaigns of the Lebanese banks to boost demand for alternative noncash payment methods. As a result, the number ... read more
Retail activity in Lebanon maintained its steady progress over Q1 of 2015 with the number of outstanding payment cards rising by a yearly 9.2% to 2.51M. Notably, total cards held by foreigners fell ... read more
Retail activity in Lebanon maintained its steady progress over 2014 with the number of outstanding payment cards rising by a yearly 11.4% to 2.43M. In fact, 97.3% of total cards were held by residents in ... read more
Retail banking activity showed an improvement in the first three quarters of 2014, illustrated by the 20.79% year-on-year (y-o-y) surge to 2.39M in the total number of payment cards by September 2014. ... read more
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