According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 9.59% since year-start, to reach $154.90B in mid-August 2020. The increase was mainly due to the 28.13% rise ... read more

Investing in real estate remains perhaps the safest haven to depositors of the Lebanese banking system. According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of ... 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 external auditor’s negative opinion of these results, ... 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 details, Resident customers’ deposits (which ... 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 Port of Beirut on August 4th 2020. With the proper supporting ... 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 $5.39B by June last year. Accordingly, Net foreign Assets (NFAs) of BDL ... read 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 in July 2020. The increase was mainly due to the 29.17% rise in gold ... read more