The exacerbating economic, exchange rate, debt crises and false promises of a government formation will most likely contract the economy further. In the week ending May 6, 2021, the Lebanese pound was ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report which explains that “As a result of the dramatic Beirut Port Explosion on 4/8/2020, the damages that ... read more
After a delay in government formation efforts, Lebanon’s economy is expected to contract further in 2021, in addition to drops in private consumption and exacerbating economic, exchange rate and debt ... read more
Byblos Bank published on Friday April 30, 2021 its un-audited financial results for Q1 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy. Net profit in Q1 ... read more
BLOM Bank published today, 29/4/2021, its un-audited consolidated financial results for Q1 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.04% compared to last year, to reach $153.7B by mid-April 2021. Reasons behind the increase include the 2.77% ... read more
In its latest report on exchange rate unification published on 21 April 2021, the IIF surveys briefly the experiences of 12 countries with multiple exchange rates. The report argues that the parallel ... 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
As Lebanon’s currency has collapsed, country’s economic distress is growing more seriously, and the exchange rate in the parallel market reaching 12,100 this week, thus sucking value from people’s salaries ... read more
The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $95.94B in the first month of 2021, thereby recording an annual increase of 4.3%. The rise is ... read more
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