In its report issued on Dec. 12th 2019, Fitch Ratings explains the mounting financial pressure on Lebanon, such that, “a government debt restructuring or default is probable owing to acute political ... read more
According to Moody’s rating agency, a Baseline Credit Assessment (BCA) of “Ca” instead of Caa2, is consistent with BDL’s recent December 04th Circular which basically instructed banks to pay 50% of the ... read more
Civic protests erupted in the country on October 17th 2019 triggering economic and political unrest. As a result, the latest data by the Ministry of Tourism revealed the number of tourists in the month of ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
Lebanon’s trade deficit narrowed in the first 9 months of the year to reach $12.49B, down by 3.58% compared to the same period in 2018. In details, the total value of imports gained an annual 0.98% to ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 5.34% year-to-date (y-t-d), to stand at $262.80B by October 2019. In details, Resident customers’ deposits (which ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to the central bank’s (BDL) balance sheet, total assets recorded a downtick by 0.58% since year-start, to end the month of November 2019 at $139.78B. In details, BDL foreign assets account ... read more
Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2019 Article IV consultation with Lebanon, the staff report ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here