Following the political unrest and the worldwide pandemic, Beirut Airport activity retracted by 36.93% year-on-year (YOY) in April 2021 as tourism activity almost ceased Read More
While the economic crisis continues to cast it shadow over the Lebanese environment, Lebanese citizens and specifically depositors are still trying to Read More
The figures released by the Port of Beirut (PoB) revealed an annual increase of 28.65% in the Port’s revenues which settled at $10.84Read More
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.80B by October 2020, down from last Read More
Lebanon struggles today amid galloping high inflation, characterized by an uncontrolled rise in prices. Undoubtedly, the main cause of this hyperinflation can Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.93% compared to last year, to Read More
Bank Audi published this week its audited consolidated financial results for end 2020. The Bank said in its statement that the unprecedented tough Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $847.2M by March 2021, compared to a deficit of $1062.1Read More
With the financial crisis and political uncertainty, Lebanese commercial banks’ health is Jeopardized. Total assets of Lebanese commercial banks decreased by 0.95%, year-to-date (Read More
After October 2019, transferring money abroad has become almost unfeasible due to the informal restrictions applied by the commercial banks in Lebanon. Likewise, Read More
