Lebanese banks today are surrounded by an increasingly volatile environment, fierce challenges and growing problems that are taxing their capabilities during the Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.67% compared to last year, to Read More
BDL Basic Circular 158: Exceptional Arrangements for Gradual Withdrawal of Foreign Currency Deposits
BDL published today its basic circular 158 that provides binding instructions to banks to pay back gradually their customers’ foreign currency deposits. The Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1,393.1M by April 2021, compared to a deficit of $1,302.8Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to 24% Read More
For the year 2020, Lebanon’s trade deficit totaled $7.75B, narrowing from the $15.50B registered by end of year 2019. In fact, total imported Read More
The subsidy policy adopted over the past one and half years made the Central Bank’s reserves dwindling and pushed the Governor Read More
According to the latest World Bank Lebanon Economic Monitor Lebanon Sinking: To the Top 3, “the economic and financial crisis is likely to Read More
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.68B by November 2020, down from last Read More
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods Read More
