Abu Dhabi’s ADQ has signed a definitive agreement to acquire 96% of Odeabank, a Turkish subsidiary of Lebanon’s Bank Audi, as Read More
The Institute of International Finance (IIF) published on October 11, 2024, a report titled, War in the Middle East: At an Inflection Point, that Read More
Trillion LBP* GDP Agriculture Industry Services 2018 86.13 2.54 11.95 71.64 2019 80.27 2.54 10.02 67.71 2020 60.53 2.84 6.35 51.34 2021 61.75 3.11 6.45 52.19 2024** 61.56 3.12 6.44 52.03 Source: CAS; WB * At constant 2019 prices ** WB projection prior to 9/2024, on 4/2024 % Agriculture/GDP Industry/GDP Services/Read More
Sept 20231 Sept 20242 BDL Foreign Assets Tn LBP3 209.48 1,418.65 Public Deposits Tn LBP 149.08 534.79 USD Public Deposits Mn $ 351 — 1 Exchange rate = 15,000 LBP; 2 Exchange rate = 89,500 LBP 3 Exchange Read More
Year Annual: July to July Inflation % Exchange Rate Depreciation % Ratio of Import to GDP % Pass-through Effect % World Inflation % 2019-2020 112.4 401.6 33.8 135.7 1.9 2020-2021 123.5 137.4 52.8 72.5 3.4 2021-2022 168.5 65.2 80.1 52.2 8.5 2022-2023 251.5 199.0 82.4 164.0 5.8 2023Read More
The rating agency Standard & Poor’s (S&P) maintained its rating on Lebanese pound bonds at SD for Foreign Currency Read More
