During the week ending September 25, 2014, broad Money M3 dropped by LP 52B ($34.49M), to reach LP 175,228B ($116.24B). M3 growth rate reached 7.17% year-on-year and 4.57% since year start. However, M1 ... read more
Demand for the dollar steadied over the prior week as reflected by the Lebanese pound’s peg against the dollar that remained at $/LP 1,510-1,514 with a mid-price of $/LP 1,512, since last week. Foreign ... read more
Lebanon’s Eurobonds market performed poorly during the week, where the BLOM Bond Index (BBI) fell by 0.35%, to settle at 107.92 points. The gauge posted a 2.15% year-to-date (y-t-d) increase. The falling ... read more
The Beirut Stock Exchange followed the declining trend in the global market; however, to a lesser extent. The BLOM Stock Index (BSI) lost 0.43% to close at 1,169.79 points. The average traded volume ... read more
Bank of Beirut SAL has completed a $100,002,000 increase of its capital by way of issuing 4,762,000 “Series 2014 Priority” shares. The Priority Shares constitute a special class of the Bank’s common shares ... read more
The consolidated balance sheet of commercial banks displayed a 3.34% year-to-date (y-t-d) increase in total assets to $170.33B by August, equivalent to a 7.42% year-on-year (y-o-y) growth. Total reserves ... read more
Kafalat issued 671 guarantees in the first 3 quarters of 2014, with a total value of $87.01M, compared to 645 guarantees worth $87.43M for the same period in 2013. Correspondingly, the average value per ... read more
During the week ending September 11, 2014, broad Money M3 added by LP 378B ($251M), to reach LP 175,035 B ($116.11B). M3 growth rate reached 7.16% year-on-year and 4.45% since year start. However, M1 ... read more
Far from being a simple figure, Lebanon’s imports account for almost 50% of its GDP. Not a shocking fact when you see that ten years ago, imports also stood at 43% of the country’s GDP. The matter to ... read more
“The private sector’s economy has further contracted in March, as gauged by Blominvest’s economic indicator “BLOM PMI” released today. Posting 46.2 for the month, BLOM PMI was slightly above its February’s ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here