Lebanon’s cash-basis fiscal deficit narrowed from $4.51B in the third quarter (Q3) of 2018 to $3.59B in Q3 2019. The smaller deficit comes Read More
The civic protests that erupted starting October 17th across the country and the ensuing financial and economic developments negatively impacted the real Read More
On Dec. 18th 2019, Standard & Poors (S&P) Global Ratings lowered its foreign and local currency issuer-credit ratings on the three Read More
The Board of Directors of BEMO Bank called for an extraordinary general assembly meeting on December 23, 2019 at 09.00am at the bank’s Read More
On the back of BDL’s Circular No.532 (issued Nov. 04th) which instructed commercial banks in Lebanon to raise their Capital by 10% Read More
According to the data released by the Ministry of Finance (MoF), Lebanese gross public debt increased by an annual 3.6% to settle at $87.09Read More
In the second month following the eruption of protests in the country, the real estate (RE) sector performance remained weak, with the Read More
The latest statistics released by the Association of Banks (ABL) on cleared checks in the Lebanese financial system notably revealed a substantial Read More
BLOM Bank’s Board of Directors convened on Friday December 13th 2019 and decided to hold an extraordinary general assembly meeting on Tuesday Read More
The figures released by the Port of Beirut (PoB) showed that the Port’s revenues fell by 14.64% year-on-year (YOY) to stand at $166.5Read More
