Byblos Bank published its un-audited financial results for end-year 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy and financial markets. The Bank ... read more
Byblos Bank published on Friday April 30, 2021 its un-audited financial results for Q1 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy. Net profit in Q1 ... read more
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.53B by August 2020, down from last year’s $2.95B. In detail, the substantial deficit is attributed ... read more
Despite the incremental drop in the number of RE transactions witnessed during the first 5 months of the year, the total number of transactions climbed by an annual 24% to 27,216 in H1 2020. Notably, the ... read more
The BLOM Bond Index (BBI), a market value-weighted index that tracks the performance of Lebanese Eurobonds (excluding coupon payments), retreated by a weekly 4.59%, to close at 16.82 points by June 25th. ... read more
Interpreting the checks dataset provided by the Association of Lebanese Banks’ (ABL) on a monthly basis reveals that the uptrend witnessed in the total value of checks early-on in 2020 began to be ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in Feb. and March 2020, respectively, to reach 46.6% in April and a record-high of ... read more
BLOM Bank’s Board of Directors (BoD) convened on June 19th 2020 and decided to hold an ordinary general assembly meeting on Wednesday July 15th 2020 at 11.00 am and an extraordinary general assembly ... read more
The Lebanese tourism sector, a leading growth driver, took the hit in Q1 2020 as the national protests ongoing since Q4 2019 were coupled with international travel bans following the outbreak of ... read more
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