According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 5.34% year-to-date (y-t-d), to stand at $262.80B by October 2019. In Read More
According to the central bank’s (BDL) balance sheet, total assets recorded a downtick by 0.58% since year-start, to end the month of Read More
For a proper analysis of the changes to the Lebanese balance of payments in October 2019 to-date, it is worthy to take note Read More
Bank Audi released the financial statements of its Turkish subsidiary Odeabank which showed a slump in its Net profit from $28.9M in Read More
According to the financial statements of Bank Audi’s Egyptian subsidiary, the bank’s Net profit for Q3 2019 increased by a yearly 6.52% Read More
On December 4th, Lebanon’s central bank issued circular instructing banks to lower interest rates on U.S. dollar and Lebanese pound Read More
The fiscal deficit (on cash basis) of Lebanon narrowed from $3.38B in the first 8 months of 2018 to $2.95B by August 2019. The reduced Read More
According to the latest data published by the Central Administration of Statistics (CAS) Average consumer prices in Lebanon rose by 2.45% year-on-year (YOY) Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached 71.60% by Read More
With banks closing their doors since mid-October during the protests, people preferred dealing in cash payments. In fact, the latest statistics provided Read More
