Banque Du Liban (BDL) recently released its Macroeconomic Review for the first half of 2025, offering a comprehensive assessment of Lebanon’s economic trajectory, monetary conditions, Balance of Payments ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system decreased from 68,843 checks by January 2023 to 23,225 ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 41.4% percentage points (pp) by December 2023, down from last year’s ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $2.24B by December 2023, far beyond the deficit over the same period last year of $3.2B. Accordingly, Net foreign Assets (NFAs) of ... read more
Trillion LBP 31/7/2023 31/1/2024 Assets Foreign Assets 206.82 218.72 Liabilities Currency 61.96 57.08 Public Deposits 115.65 205.39 Source: BDL After learning its lessons the hard way, BDL resorted to ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 31.83% to stand at $115.25B by December 2023 amid BDL’s adoption of a new exchange rate of LBP 15,000 ... read more
Global remittances to low- and middle-income nations (LMICs) reached $669 billion, growing annually by 3.8% but falling short of previous years’ gains. This is in the main due to resilient labour ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 43.38% compared to last year, to reach $108.16B by end of January 2024, amid adopting the 15,000 LBP/USD ... read more
On February 2nd, 2024, BDL issued Circular 167 requiring banks and all financial institutions, when preparing their financials, to abide by the international accounting standard IAS21. As important, in ... read more
On January 31, 2024, the IMF updated its Regional Economic Outlook for the MENA region. On this occasion, Mr Jihad Azour, Director, Middle East and Central Asia Department, stated that the conflict in Gaza ... read more
The IMF updated its World Economic Outlook (WEO) projections on January 30, 2024, as justified by the fact that “global activity proved resilient in the second half of last year, as demand and supply ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 1,557,226 checks by December 2022 to 434,348 ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions recorded a sharp fall of 81.27% yearly to stand at 14,979 transactions by ... read more
After a marathon session on Friday, 26 January 2024, the Lebanese Parliament approved the fiscal budget within its legally binding time limit. And the budget was approved including the amendments by the ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 42.50% compared to last year, to reach $107.68B by mid of January 2024, amid adopting the 15,000 LBP/USD ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), representing the evolution of goods and services’ prices consumed by households, revealed that Lebanon’s ... read more
According to the data revealed by “Rasamny Younis Motor sal”, Lebanese car market remained steady with a little increase by 0.23% YOY by December 2023. In more details, the cumulative number of sold cars ... read more
In an article in An-Nahar newspaper in the Saturday December 13, 2024 issue, it was reported that the Government and the Monetary Authorities are working on a solution to the USD deposits in excess of ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) remarkable decrease of 39.49% to reach 10,915 permits by December ... read more
According to November ABL’s publication of banking and monetary indicators, banks branch network decreased significantly from 1,058 branches by December 2019 to reach 737 branches in Lebanon by end of July ... read more
Following September’s announcement of the Lebanese authorities regarding replacement of the Sayrafa monetary platform with Bloomberg, Banque du Liban (BDL) has recently urged Lebanese banks to register on ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 46.4% percentage points (pp) by October 2023, down from last year’s percentage ... read more
Disclaimer The content of this blog is for information purposes only. The information herein has been compiled from, or based upon sources we believe to be reliable, but we do not guarantee or accept responsibility for its completeness or accuracy. This document should not be construed as a solicitation to take part in any investment, or as constituting any representation or warranty on our part. The consequences of any action taken on the basis of information contained herein are solely the responsibility of the recipient.
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
