In an Issuer Comment published on 20 April 2021, Moody’s commented that “encroaching on banks’ mandatory reserves held at the BdL amid a persistent government deadlock would increase banks’ ... read more
According to Moody’s rating agency, a Baseline Credit Assessment (BCA) of “Ca” instead of Caa2, is consistent with BDL’s recent December 04th Circular which basically instructed banks to pay 50% of the ... read more
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved economic growth, and higher deposit inflows in the ... read more
Business conditions of Lebanon’s private sector companies saw further deterioration during the ninth month of the year. “The PMI was again discouraging in September 2017, recording a level of 46, the ... read more
Moody’s changed the outlook of the long-term deposits of the 3 banks: Bank Audi S.A.L., BLOM Bank S.A.L. and Byblos Bank to B3 from B2. The decision was principally prompted by Moody’s downgrade of ... read more
According to Moody’s latest research paper on Lebanon, the approved salary scale law which entails raising the minimum monthly salary of public servants to $450 (now equivalent to that of private sector ... read more
According to Moody’s latest report, the outlook for the Lebanese banking system remained negative. The negative outlook was maintained as the rating agency believes that first, economic conditions will ... read more
Moody’s released its outlook on Lebanon’s Banking system in late July in which it gave a negative view for the year 2015, despite some positive highlights. The banking system is mainly pressured by the ... read more
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