Since October 2019, the financial crisis has triggered a run on the dollar deposits. In fact, customers tried to withdraw their money from their deposit accounts amid the fear that the banks might become ... read more

According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $2.19B by May 2020, compared to a deficit of $5.19B by May last year. Accordingly, Net foreign Assets (NFAs) of BDL fell ... read more

According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 7.54% since year-start, to reach $152B in June 2020. The increase was mainly due to the 13.94% rise in gold ... read more

According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 5.97%, year-to-date (y-t-d), to stand at $203.84B in May 2020. In details, Resident customers’ deposits (which ... read more

Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in by February 2020 added 37.85% totaling 10,834 transactions. However, the upbeat figures only take into ... read more

According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) stood at $1.75B by April 2020, up from last year’s $1.38B. In detail, the substantial deficit is ... read more

In the first 4 months of 2020, Lebanon’s trade deficit totaled $2.59B, narrowing from the $5.18B registered in the same period last year. In fact, total imported goods retreated by 41.7% year-on-year (YOY) ... read more