On November 15th 2019 S&P issued a recent report in which it lowered its long-term credit ratings on Audi Bank, BLOM Read More
According to Banque du Liban (BDL), Lebanon’s Balance of Payments (BoP) registered a deficit of $4.5B in Q3 2019, compared to a Read More
On November 4th, Lebanon’s central bank issued a circular instructing local lenders to raise their capital (common equity tier one) by 10% Read More
In November 2019, Moody’s downgraded the Government of Lebanon’s issuer ratings to Caa2 from Caa1 noting that the ratings remain on Read More
Cement deliveries decreased by an annual 29.83% by August 2019 to stand at 2.24M tons, compared to 3.19M tons by August 2018. In addition, the Read More
According to the central bank’s (BDL) balance sheet, total assets dropped by 2.76% since year-start, to end the month of October 2019 at $136.72Read More
According to the Association of Banks (ABL), the total value of cleared checks decreased by 14.6% in Q3 2019, which illustrates lower business spending Read More
Lebanon’s trade deficit widened in the first 8 months of the year to reach $11.37B, down by 3.10% compared to the same period Read More
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) narrowed from $3.07B by July 2018 Read More
The current economic slowdown continues to weigh down on the construction sector, as the country awaits developments on the political front, especially Read More
