According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 7.49% year-to-date (y-t-d), to stand at $236.31B by July 2018. In details, Reserves (constituting 51.01% of total ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 6.71% year-to-date (y-t-d), to stand at $234.60B by June 2018. In details, Reserves (constituting 50.15% of total ... read more
The economic slowdown of the Lebanese economy has persisted for several years with marginal growth in GDP levels, and the beginning of 2018 was no different. In fact, the private sector’s business ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 5.65% year-to-date (y-t-d) and by 12.28% year-on-year (y-o-y), to stand at $232.29B by May 2018. In details, ... read more
The balance sheet of Lebanon’s commercial banks showed Total assets climbed by 8.9% year-on-year (y-o-y) to settle at $222.59B in the first month of 2018. In details, Reserves (48.49% of total assets) ... 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
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
In his book “The Great Divide”, Nobel Prize winner Joseph Stiglitz highlights the idea that, in the period leading up to the 2008 financial crisis, large banks lost sight of their main function: financial ... read more
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
No economic progress was recorded when it comes to Egypt during the second quarter of 2016. The country kept on suffering from draining foreign currency (FC) reserves and an overvalued exchange rate. From ... read more
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