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
Rafic Hariri International Airport (RHIA) activity enhanced during the first three quarters of 2014, as the total number of passengers increased by 4.09% year-on-year (y-o-y) to 5.02M, recording its ... read more
The Lebanese Eurobonds continued to decline, pulling alongside the BLOM Bond Index (BBI) which went down by 0.29% to 107.92 points. In fact, the 5Y Lebanese Eurobonds’ yield leapt by 10 bps to 5.25%, and ... read more
The BLOM Stock Index (BSI) improved on Friday, with a 0.14% increase to 1,169.79 points, following the trade of 56,651 shares worth $879,432. The banking sector grasped 84.85% of total traded value, where ... 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
The short term Lebanese Eurobonds dipped, and led the decline in the BLOM Bond Index (BBI) 0.05% to 108.23 points. In fact, the 5Y Lebanese Eurobonds’ yield stabilized at 5.15%, while the 10Y Lebanese ... read more
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