Economic Digest

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

Rouba Chbeir
Economic Digest
August 2, 2019

The Value of Kafalat Guarantees Shrank to $4.5M in H1 2019

According to Kafalat, the number of loan guarantees dropped from 228 guarantees by H1 2018 to 38 loans by June of this year 2019. Accordingly, the total value of issued loan guarantees also plunged from ... read more

Rouba Chbeir
Economic Digest
August 1, 2019

Net Profit of BLOM Bank Reached $238.7M in H1 2019

As per the consolidated financial statements of BLOM Bank, the net profit for the first half of the year stood at $238.7M amid the recent headwinds faced by the Lebanese economy, compared to $243.8M in the ... read more

Rouba Chbeir
Economic Digest
August 1, 2019

Lebanon’s Fiscal Narrowed by 18.3% YOY to $2.39B by May 2019

According to the latest figures by the Ministry of Finance (MoF), Lebanon’s cash basis -fiscal deficit fell from $2.92B by May 2018 to $2.39B in the first five months of 2019. The improvement in the ... read more

BLC Bank’s Net Profit Down to $12.5M by June 2019

Recently released un-audited financial statements of BLC Bank dated at June 30th 2019 showed a 36.22% Year-on-Year (Y-o-Y) decline in the bank’s net profits, to $12.50 million. In fact, the ... read more

Bank of Beirut’s Net Income Lost 16% y-o-y to $65.9M in H1 2019

According to the consolidated statements of Bank of Beirut (BOB), the bank’s net profits slid by an annual 16.06% to $65.9M in H1 2019. In fact, the decline came on the back of a yearly down tick ... read more

Bank Audi’s Net Profit Down by 5.66% YOY to $250.36M in H1 2019

The consolidated financial statements of Bank Audi revealed a 5.66% yearly decline in its H1 2019 profits, to stand at $250.36M, of which 70.4% were generated by entities operating in Lebanon. In fact, the ... read more

Daily Capital Markets’ Performance

Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more

Bank BEMO’s Net Profit Up by a yearly 10% to $9M in H1 2019

According to Bank BEMO’s unaudited consolidated financial statements, the bank’s profit for H1 2019 increased by a yearly 10% to reach $9.00M. The rise in profits is largely attributed to the yearly 22.8% ... read more

Profits of Byblos Bank Down by an annual 10.5% to $59.9M in H1 2019

The consolidated financial statements of Byblos Bank revealed a yearly down tick of 10.48% in profits to $59.9M in the first half of 2019 (H1 2019). In details, the decline in profits came on the back of a ... read more

Average Inflation Rate at 3.26% y-o-y in H1 2019

Lebanon’s average consumer prices rose by 3.26% year-on-year (y-o-y) in H1 2019 compared to an annual uptick of 6% recorded in H1 2018 according to the Central Administration of Statistics (CAS). The rise ... read more

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