Customs activity was negative over the first eight months of 2015 recording yearly drops of 16.09% and 4.70% in terms of value and volume of transported goods. However, the steep decline in the value of ... read more
The number and value of guarantees given by Kafalat declined by 28.96% and 22.79% in the first 9 months of 2015 to 476 worth $66.35M, respectively, compared to 670 guarantees worth $86.71M by September ... read more
The Lebanese banking sector was presented with many challenges in 2014. Not only did this sector have to deal with the ongoing repercussions from the Syrian spillovers, but it also had to manage a context ... read more
During the week ending October 1, 2015, broad Money M3 declined by LP 35B ($23.40M), to reach LP 183,933B ($122.01B) posting a 5.12 % yearly growth and a 3.68% y-t-d uptick. Similarly, M1 dropped by LP 83B ... read more
Despite higher trading activity, the Beirut Stock Exchange (BSE) revealed a poor performance on Friday, mainly due to 5 out of 7 stocks ending the session in the red. The BLOM Stock Index (BSI) decreased ... read more
On the London Stock Exchange (LSE), BLOM Global Depository Receipts (GDRs) were the only traded Lebanese GDRs on Thursday. In details, GDRs of BLOM declined by 5.37% to settle at $9.70, noting that 150,920 ... read more
Appetite for Lebanese Eurobonds waned on Thursday which caused the BLOM Bond Index (BBI) to decline by 0.05% to 104.83 points, broadening its year-to-date loss to 2.45%. Yields on the 5Y and 10Y Lebanese ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1359, the equivalent of €/LBP 1,712.37, depreciating against the US Dollar by 0.22% from Thursday’s close. The Dollar progressed vs the Euro, as the ... read more
The Lebanese Gross Public Debt (GPD) reached $69.19B (LBP 104,302B) in the 1st seven months of 2015, broadening by 5.40% year-on-year (y-o-y) and 3.94% year-to-date (y-t-d). Thus, Lebanon’s public debt ... read more
Chedid Capital Holding (CCH), a Lebanese insurance and reinsurance broker, acquired 50% of City Brokers Ltd, (CBL), an insurance brokerage company based in Mauritius. This acquisition is part of the ... read more
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