Moody’s: Loss of Correspondent Banking Relationships Would Accelerate Lebanon’s Economic
In an Issuer Comment published on 20 April 2021, Moody’s commented that “encroaching on banks’ mandatory reserves held at the BdL amid a Read More
In an Issuer Comment published on 20 April 2021, Moody’s commented that “encroaching on banks’ mandatory reserves held at the BdL amid a Read More
As the economic situation has been deteriorating in Lebanon and banks have started enforcing illegal capital control measures, depositors were ready to Read More
Lebanon’s currency collapsed after escalating political and financial crises, with limited inflow of foreign currency. According to the Central Administration of Read More
In its update on Lebanon, published in April 2021, the World Bank report estimates Lebanon’s Real GDP growth to contract by 20.3% in Read More
Lebanese local currency has lost nearly 85 percent of its value over the past one year and months amid the critical economic and Read More
In a letter addressed to Finance Minister Mr Ghazi Wazni, Governor Riad Salameh stated resolutely that BDL is no longer capable of Read More
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of Read More
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of Read More
Along with the financial crisis and political uncertainty, Lebanese banks are continuously restrained. Total assets of Lebanese commercial banks increased by 0.05%, year-to-date (Read More
9/4/2021 1/4/2021 % Change BLOM Stock Index 889.75 880.00 1.11% Average Traded Volume 89,962 187,695 -52.07% Average Traded Value 1,778,819 4,008,623 -55.63% The BLOM Stock Index (BSI) compiled by BLOMInvest Bank Read More