Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 9.49% since year-start, to reach $154.77B in Mid-October 2020. The increase was mainly due to the 25.76% rise ... read more
The number of Beirut’s International airport passengers continued to fall down in the first 9 months of 2020 as it records 1.8 million (M) compared to 7M passengers during the same period last year. Total ... read more
According to the Ministry of Finance, transfers to EDL stood at $386.58M by April 2020, declining by 23.71% compared to the same period last year. This was mainly due to lower payments to KPC and Sonatrach ... read more
The Central Bank of Lebanon (BDL) issued a new Circular 573 on 9 October 2020; an amendment to the previously issued Circular 561 on 8 June 2020. Circular 561, aims to modify several trade conditions in ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report in which it explains that “As a result of the dramatic Beirut Port Explosion on 4/8/2020, the damages that ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $94.27B in August 2020, thereby recording an annual increase of 9.2%. The increase is mainly ... read more
By July 2020, Lebanon’s trade deficit totaled $4.14B, narrowing from the $10.24B registered in the same period last year. In fact, total imported goods retreated by 50.3% year-on-year (YOY) to $6.13B by ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 9.72%, year-to-date (y-t-d), to stand at $195.7B in August 2020. In details, Resident customers’ deposits ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $7.50B by August 2020, compared to a deficit of $5.89B by August last year. Accordingly, Net foreign Assets (NFAs) of BDL ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 8.47% since year-start, to reach $153.33B in September 2020. The increase was mainly due to the 24.29% rise in ... read more
Data released by Banque Du Liban revealed that Cement deliveries significantly dropped by an annual 52.02% to stand at 748,324 tons by June 2020, compared to 1.56M tons by June 2019. In addition, the ... read more
According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased by an annual 2.95% to reach $2.69B by May 2020 compared to the same period last year. The eminent decline in personnel costs was ... read more
According to the Ministry of Finance, transfers to EDL stood at $301.85M in Q1 2020, increasing by 2.81% compared to the same period last year. This was mainly due to higher payments to KPC and Sonatrach ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 9.99% since year-start, to reach $155.48B in Mid-September 2020. The increase was mainly due to the 28.91% ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in February and March 2020, respectively, to reach 112.4% in July and a record-high ... read more
Moody’s report dated 15 September 2020 affirms Lebanon’s credit rating to C as downgraded on 27 July, with no outlook assigned. Noting that C is the lowest rating on Moody’s rating scale, this decision is ... read more
The devastating explosion at the Port of Beirut on August 4 caused widespread corruption and ruined Beirut’s main trade and shipping area thus limiting Lebanese imports and exports. The damage massively ... read more
As per the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 6.90M checks by August 2019 to 3.98M checks by August ... read more
Lebanon’s Central Administration of Statistics (CAS) has recently switched from an annual system to a new quarterly system of national accounts. It stated that the “sources and methods used to compile ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $93.74B in July 2020, thereby recording an annual 9% increase. The increase is mainly attributed ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.2B by June 2020, down from last year’s $2.4B. In detail, the substantial deficit is attributed to ... read more
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