According to the Ministry of Finance, transfers to EDL stood at $924.36M by December 2020, dropping by 38.6% compared to the same period last year. This was mainly a result of lower payments to KPC and ... 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
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 35% by April 2021, down from last year’s registered 2% during the same period. ... read more
By Samih Antoine Azar and Ali Bolbol[1] Introduction In economic policy circles there is a debate on the relative benefits and costs of adopting a “cold turkey” approach to policy-making where all policy ... read more
05/08/2021 29/07/2021 Change Year to Date BLOM Bond Index (BBI) 12.96 12.62 2.69% -8.58% Weighted Yield 87.34% 88.54% -1.35% 4.48% Weighted Spread 8,729 8,849 ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased by LBP 235B ($156M) to stand at LBP 201,525B ($133.68B) by the week ending June 24, 2021. As such, on an annual basis, M3 ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.07% compared to last year, to reach $154.13B by end of July 2021. The increase was mainly due to the 39.03% ... read more
Over the past month, the resignation of Prime Minister-designate Saad Hariri had a serious impact on the local market as the US dollar rate in the parallel market exceeded LL22,000. For the near future, if ... read more
BLOM Bank published on 31/7/2021 its un-audited, consolidated financial results for H1 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
BDL’s Governor Riad Salameh issued a strong statement on 30/7/2021 saying that he has to be frank with the Lebanese people, who need to know that the economic crisis is being exploited to feed the ... read more
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