In an Issuer Comment published on 20 April 2021, Moody’s commented that “encroaching on banks’ mandatory reserves held at the BdL amid a persistent government deadlock would increase banks’ ... read more
As the economic situation has been deteriorating in Lebanon and banks have started enforcing illegal capital control measures, depositors were ready to act on whatever means possible to save their money ... read more
Lebanon’s currency collapsed after escalating political and financial crises, with limited inflow of foreign currency. According to the Central Administration of Statistics (CAS), the Consumer Price Index ... 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 year 2020, in contrast to -6.7% in 2019. The estimated loss is a result ... 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 financial crisis that has threatened to disrupt the country. Moreover, the ... read more
In a letter addressed to Finance Minister Mr Ghazi Wazni, Governor Riad Salameh stated resolutely that BDL is no longer capable of subsidizing essential goods, and asked the government that time has come ... 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
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
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 (y-t-d), and stood at ... 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 ... read more
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