Economic Digest

Short analyses about Lebanon’s latest economic indicators, updated on a monthly basis

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Rouba Chbeir
Economic Digest
January 24, 2020

Audi Bank Calls for an Extraordinary General Assembly in Feb. 2020 to Tackle Cash Contributions, as per BDL’s Circular No.532

The Board of Directors (BoD) of Audi Bank called the shareholders to attend an extraordinary general assembly meeting scheduled on Thursday February 20th 2020 at 10.30am, at the bank’s headquarters in ... read more

Rouba Chbeir
Economic Digest
January 23, 2020

In 2019, the Number of Airport Passengers Recorded the First Slump in 8 years

The fourth quarter of 2019 was particularly challenging for Lebanon, both externally and internally, given that October ushered in an open-ended eruption of social rioting across the country which ... read more

Sara Hadchiti
Economic Digest
January 22, 2020

BDL’s Total Assets Up by 0.43% y-t-d by Mid-Jan 2020 to $141.96B

The Central Bank’s (BDL’s) balance sheet started the year with a 0.43% year-to-date (y-t-d) uptick in its total assets which stood at $141.96B by the mid-Jan of 2020. In details, BDL foreign assets ... read more

Rouba Chbeir
Economic Digest
January 21, 2020

The National Unrest since October Raised the Monthly Inflation Rate to 3.17% in November 2019

The onset of the civic protest across Lebanon on October 17th and the ensuing financial and economic repercussions, namely the imposition of capital controls, contributed to raising inflation further up ... read more

Sara Hadchiti
Economic Digest
January 20, 2020

Lebanon’s Trade Deficit Ended at $14.81B by November 2019, Down by 7.79% y-o-y

Lebanon’s trade deficit narrowed in the first 11 months of the year to reach $14.81B, down by 7.79% compared to the same period in 2018. In details, the total value of imports lost an annual 2.81% to stand ... read more

Rouba Chbeir
Economic Digest
January 16, 2020

BLOM Bank Approved Raising its Tier I Capital by $261.94M as per BDL’s Circular No.532

BLOM Bank’s extraordinary General Assembly held on January 14th approved the terms of raising the bank’s Common Equity Tier I by $261.94M through cash contributions (in USD), which is equivalent to 10% of ... read more

Rouba Chbeir
Economic Digest
January 14, 2020

Lebanon’s Real Estate: A Stark Month-on-Month Pick Up in December 2019

Since October 17th, the eruption of a series of ongoing civic protests has hampered business activity across the country, coupled with ensuing bank closures and capital controls that were in turn imposed ... read more

Rouba Chbeir
Economic Digest
January 13, 2020

Lebanon’s Gross Public Debt Hit $89.5B by November 2019

The latest data released by the Lebanese Ministry of Finance (MoF) revealed that Lebanon’s gross public debt jumped by an annual 7% to amount to $89.5B in the first eleven months of 2019. In details, debt ... read more

Rouba Chbeir
Economic Digest
January 10, 2020

BLC Bank Calls for an Extraordinary General Assembly: January 30th 2020

The Board of Directors of BLC Bank call their shareholders to attend an extraordinary general assembly meeting scheduled on Thursday January 30th 2020 at 11.00am at the bank’s headquarters in Beirut. The ... read more

Rouba Chbeir
Economic Digest
January 9, 2020

Commercial Banks’ Total Assets Added 4.09% YTD to $259.7B by November 2019

BDL recently released the consolidated balance sheet of Lebanese commercial banks which revealed that the banks’ Total assets added 4.09% year-to-date (YTD), to reach $259.7B by November 2019. In fact, ... read more

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