At 15:00 Beirut time, the Euro was quoted at €/$ 1.1311, the equivalent of €/LBP 1,705.13, appreciating by 0.79% against the US Dollar. The euro went up against the dollar today as the latter fell after ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $70.62B in January 2016, a 6.08% year-on-year (y-o-y) increase and a 0.43% uptick from that of December 2015. ... read more
Following the approval of the extraordinary general assembly on the 22nd of January 2016, Credit Bank S.A.L increased its capital by LBP79.39B (equivalent to $52.67M) to LBP159.62B (equivalent to ... read more
EFG Hermes, the largest publicly traded investment bank in the Arab world approved today the sale of a 40 percent stake (equal to 9.41M shares) in Credit Libanais to Arab and Lebanese investors at $33 per ... read more
Kindly find below the link to an interview entitled: Meet Annalisa Fedelino, the International Monetary Fund’s (IMF) Mission Chief for Lebanon. In the interview, also available in English and French, ... read more
The BLOM Stock Index (BSI) ended today’s session with a 0.05% upturn to reach 1,157.75 points. In the real estate sector, Solidere shares class A gained 0.10% to $9.67, while the class B lost 1.04% to ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), three Lebanese GDRs saw a change in their share price. In details, the GDRs of BLOM and Audi gained 1.00% to $10.15 after the trade of ... read more
The BLOM Bond Index (BBI) gained a mere 0.01% to 103.58 points on Tuesday as demand for medium and long term Lebanese Eurobonds remained unchanged. The yield on the 5 Year (5Y) Lebanese Eurobonds gained 1 ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1085, the equivalent of €/LBP 1,671.06, depreciating by 0.21% against the US Dollar. The dollar gained momentum today traders predicted that Janet Yellen ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 0.11% progress in assets from December 2015’s level of $185.99B to $186.20B in January 2016, which reflected to a 5.95% year-on-year ... read more
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