Economic Digest

Short analyses about Lebanon’s latest economic indicators, updated on a monthly basis

Home » Economic Digest

admin
Economic Digest
November 11, 2014

“Salaries, Wages and Related Benefits” Increased by 5.84% y-o-y by March 2014

According to the Ministry of Finance (MoF), “salaries, wages and related benefits” accounted for 29% of total primary spending by March 2014, representing the biggest portion of primary spending. This ... read more

admin
Economic Digest
November 10, 2014

Value of cleared checks increased by 4.46% y-o-y by September

By September 2014, the number of cleared checks showed a yearly drop of 1.84% to 9.71M. Despite this decrease, the cumulative value of these checks increased by 4.46% year-on-year (y-o-y) to reach a value ... read more

admin
Economic Digest
November 8, 2014

Value of Kafalat Guarantees Dipped to $93.70M by October

Kafalat issued 732 guarantees in the first 10 months of 2014, with a total value of 93.70M, compared to 731 guarantees worth $99M for the same period in 2013. Correspondingly, the average value per loan ... read more

admin
Economic Digest
November 7, 2014

Lebanese Parliament approves $30M loan to SMEs

The Lebanese Parliament has approved the $30M loan provided by the International Bank for Reconstruction and Development (IBRD). The loan was initially approved on October 2nd, 2014, but Parliament had to ... read more

admin
Economic Digest
November 7, 2014

ODEABANK Posts a Loss of $4.84M up to September

Large operating expenses continued to weigh on the income of Bank Audi’s Turkish subsidiary – ODEABANK. The subsidiary recorded a net loss of $4.84M in the first 3 quarters of 2014 compared to $48.07M in ... read more

admin
Economic Digest
November 6, 2014

Lebanon Trade Deficit Narrows 2.50% y-o-y by September 2014

Lebanon’s trade deficit for the first 9 months of 2014 narrowed to $12.43B, down from $12.75B. Accordingly, trade deficit contracted by 2.50% year-on-year (y-o-y) as exports increased and imports ... read more

admin
Economic Digest
November 5, 2014

BdL’s Total Assets Inched up by 0.91% to $86.21B by October

According to the Central Bank’s (BDL) balance sheet, total assets revealed a 0.91% monthly rise to reach $86.21B by end of October, 2014. The bank’s foreign assets edged up by 1.15% to $38.87B and its ... read more

admin
Economic Digest
November 3, 2014

Lebanon Ranked 135 Out of 142 Countries on the Gender Gap Index 2014

The World Economic Forum recently released “The Global Gender Gap Report 2014”, which examines the gap between men and women in four essential categories: Economic Participation and Opportunity, ... read more

admin
Economic Digest
November 1, 2014

Bank of Beirut Reveals a Rise in Net Profits to $123.19M in September

Bank of Beirut’s (BoB) net profits added 15.30% year-on-year (y-o-y) to $123.19M, in September 2014. This was driven by the 16.43% and 3.93% upsurge in net interest income and net fees and commission ... read more

admin
Economic Digest
November 1, 2014

BEMO Bank’s Profits Swell to $8.9M by September

BEMO Bank recorded a 126.95% leap in net profits to $8.9M by September 2014, up from $3.94M during the same period last year. This leap is directly related to the 31.46% year-on-year (y-o-y) rise in Net ... read more

This website uses cookies in order to improve user experience. If you close this box or continue browsing,
we will assume you agree with this. For more information click here

Choose Category

Enter Keyword

Economic Digest