According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars added 1.36% year-on-year (y-o-y) to 15,300 cars by May 2016. This growth was prompted by ... read more
According to Kafalat, the number of granted loans increased from 224 by May 2015 to 289 guarantees in May 2016. The overall value of the guarantees reached $40.39M by May 2016 compared to a value of ... read more
Demand for the Lebanese Eurobonds fell over the past week, as reflected by the BLOM Bond Index (BBI) which lost 0.06% to reach 103.86 points. The BBI was outperformed by the JP Morgan Emerging Markets’ ... read more
According to the Ministry of Finance, the fiscal balance recorded a deficit of $1.44B in the first three months of 2016 compared to a deficit of $1.06B in the same period in 2015. In the first quarter of ... read more
The Rafic Hariri International Airport (RHIA) activity improved during the fifth month of this year, as the total number of passengers increased by a yearly 11.3% to 2.80M. In details, the number of ... read more
According to the Ministry of Finance, Lebanon’s Gross Public Debt reached $71.65B by April 2016, up by 3.16% from April 2015 and 1.91% since year-start. Gross domestic debt amounted to $44.02B by April and ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 1.04% year-to-date increase (y-t-d) and a 4.75% year-on-year (y-o-y) advance in total assets to $187.92B. Claims on the resident ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
As we expected, activity on the Beirut Stock Exchange (BSE) retreated this week with the BLOM Stock Index (BSI) declining by 0.64% to 1,147.82 points. This was also translated by a narrower market ... read more
The ordinary General Assembly of BLC Bank, which convened on the third of June 2016 at the bank’s headquarters, agreed on the bank’s financial records for the year ending 31/12/2015 and decided to ... read more
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