The Central Bank issued on August 22nd, 2013 circular #331 in order to develop the Lebanese eco-system and improve the Lebanese knowledge economy through Read More
Since September 2019, commercial banks in Lebanon have largely ceased granting loans, leading to a decrease in loan balances over the subsequent years (Read More
Table 1: Bn USD D E GNP BDL’s NFR E/GNP% D/GNP% 2015 27.1 25 52.8 7.2 47.3 51.3 2016 28.2 26 52.8 -0.4 49.2 53.4 2017 30.4 28.1 54 -8.5 52.0 56.3 2018 33.5 31.3 55.2 -15.4 56.7 60.7 2019 33.8 31.7 53.5 -32.4 59.3 63.2 2020 36.1 33.9 35.3 -50.7 96.0 102.3 2021 38.6 […]Read More
The visit of Jesse Baker, (Deputy Assistant Secretary of the Treasury for Asia and the Middle East in the Office of Terrorist Read More
The banking sector continued its retrenchment in 2023. It was a year where the economic and financial crisis continued un-abated with no corrective Read More
The global economy defied expectations in 2023, showing more resilience than anticipated. Despite facing hurdles like high inflation, rising interest rates, and geopolitical Read More
2023 saw global equity markets outperform expectations, ending the year with positive returns across diverse sectors. Despite challenges, the global economy showed surprising Read More
In the debate that is currently raging in Lebanon about the viability of the banking system and whether it will ever regain Read More
This time last year, Chairman Jerome Powell assured that the Federal Reserve would persist with rate hikes until achieving economic stability. In Read More
Lebanon witnessed some stabilization in 2022 marked by increased tourism, robust remittances, and improved terms of trade. However, ongoing challenges especially the Read More
