Investing in real estate remains perhaps the safest haven to depositors of the Lebanese banking system. According to the data from the Read More
Bank Audi published its audited consolidated financial results for end 2019 on 12 August 2020. The Bank said in its statement that it understands the Read More
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 7.24%, year-to-date (y-t-d), to stand at $201B in June 2020. In Read More
BDL issued on August 6th 2020 circular 152 in which it provides financial support to those affected by the horrible explosion that hit the Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $2.49B by June 2020, compared to a deficit of $5.39Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 9% since year-start, to reach $154.13B Read More
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) stood at $2B by May 2020, Read More
On July 28, 2020, Moody’s Investors Service downgraded the Government of Lebanon’s issuer rating to C from Ca, and has not assigned Read More
According to the Ministry of Finance’s (MoF) latest debt report, Lebanon’s gross public debt increased annually by 9.10% to $93.14B, by Read More
In the midst of the country’s ongoing political and economic crisis and the intensifying depreciation of the Lebanese Pound’s value Read More
