Another unsuccessful attempt to form a new Cabinet this week triggered economic concerns on Tuesday, after President Michel Aoun declared that they failed again to agree on a government formation. As a ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased slightly by LBP 1,015B ($673M) to stand at LBP 202,830B ($134.55B) by the week ending March 04, 2021. As such, on an annual ... read more
Following the political unrest and the worldwide pandemic, Beirut Airport activity retracted by 65.91% year-on-year (YOY) in February 2021 as tourism activity almost ceased along with the economy. ... read more
According to BDL’s latest monetary report, the BOP stood at $410.6M for the first month of 2021, compared to a deficit of $157.9M over the same period last year. Accordingly, Lebanon’s balance of payments ... read more
Handcuffed by financial crisis and riven with political uncertainty, Lebanese banks are seriously paralyzed and starved of funding; but given the central bank’s target that aims to help the banking sector ... read more
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
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased slightly by LBP 566B ($376M) to stand at LBP 201,815B ($133.87B) by the week ending February 25, 2021. As such, on an annual ... read more
The BLOM Stock Index (BSI) compiled by BLOMInvest Bank on a daily basis increased by 7.77% since March 12, 2021 to reach 814.74 on March 19,2021. The Market capitalization on the Beirut Stock Exchange ... read more
Lebanon is a state of collapse, and it was in the middle of its worst crisis when a huge explosion blowed Beirut in August 2020. In response to this compounded situation, the World Bank Group (WB), as ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.78% compared to last year, to reach $151.58B mid of March 2021. The increase was mainly due to the 14.39% ... read more
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