The BLOM Lebanon PMI for September 2025 rose to 51.5 from August’s 50.3, marking the fastest rate of improvement in private sector operating conditions since May 2013 and a second consecutive month in ... read more
Arab nations have a historical trajectory of establishing contemporary financial sectors. Despite variations among these countries, the region has effectively embraced economic and financial reforms to ... read more
Riad Salameh’s 30 year tenure just came to an end on July 31st 2023. At first, it was very unclear who was going to replace the central bank Governor as the government kept failing to elect a successor. ... read more
A statement issued on 17/8/2023 by Acting BDL Governor, Dr Wassim Mansouri, claimed that BDL liquid FX reserve assets stood at $8.573 billion at end July 2023. The distribution of assets is as follows: ... 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 47.33% to reach 5,973 permits by July ... read more
The preliminary Forensic Audit Report of BDL by Alvarez and Marsal Middle East was released by the Ministry of Finance last week. We will focus in this economic digest on two points raised by the report: ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $1.14B by June 2023, far exceeding the deficit over the same period last year of $2.57B. Accordingly, Net foreign Assets (NFAs) of ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 31.88% to stand at $116.43B by June 2023 amid BDL’s adoption of a new exchange rate of LBP 15,000 per ... read more
Lebanese banks have long been pillars of the country’s financial system, contributing significantly to its economic growth and stability. However, since the onset of the crisis in 2019, the banking ... read more
In its latest World Economic Outlook of July 2023, the International Monetary Fund (IMF) stated that global economy would continue to gradually recover from the pandemic and Russia’s invasion of Ukraine. ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 39.15% compared to last year, to reach $103.09B by end of July 2023. The fall was mainly due to the 90.52% ... read more
The activity at Rafic Hariri International Airport improved during the first half of 2023 compared to the same period last year. In fact, the number of Beirut’s International airport passengers added ... read more
After 30 years at the helm of BDL, Governor Riad Salameh’s tenure ended on July 31st, 2023. As a result, the first Vice Governor, Wassim Mansouri, will take over as Acting Governor, and will run BDL in ... read more
Total container activity including transshipment (TEU+TS) increased by a yearly 14.18% to stand at 317,034 twenty-foot equivalent unit (TEU) by the first five month of 2023, with transshipment activity ... 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 51.05% to reach 5,061 permits by half 2023. ... 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 published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 1,013,924 checks by June 2022 to 264,443 checks ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 36.93% compared to last year, to reach $105.4B by mid-July 2023, amid adopting the 15,000 LBP/USD official ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 33.38% to stand at $115.21B by May 2023 amid BDL’s adoption of a new exchange rate of LBP 15,000 per ... read more
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