Home » LEBANON BRIEF » Issue January 2020 » Issue January 2020 - Week 2
The latest data released by the Lebanese Ministry of Finance (MoF) revealed that Lebanon’s gross public debt jumped by an annual 7% to amount to $89.5B in the first eleven months of 2019. In details, debt ... read more
The Board of Directors of BLC Bank call their shareholders to attend an extraordinary general assembly meeting scheduled on Thursday January 30th 2020 at 11.00am at the bank’s headquarters in Beirut. The ... read more
BDL recently released the consolidated balance sheet of Lebanese commercial banks which revealed that the banks’ Total assets added 4.09% year-to-date (YTD), to reach $259.7B by November 2019. In fact, ... read more
According to BDL’s latest monetary report, the cumulative balance of payments recorded a deficit of $3.51B by November 2019, compared to a deficit of $4B during the same period last year. In fact, BDL’s ... read more
The BLOM Stock Index (BSI) fell by 4.59% to close the week ending January 10th 2020 at 741.31 points, while the Market capitalization on the Beirut Stock Exchange (BSE) fell by a weekly 4.61% to $7.25B. ... read more
BDL’s data on money supply revealed that Broad Money (M3) declined by LBP 143B ($95M) in the week ending December 26th 2019 to stand at LBP 202,486B ($134B), thereby registering an annual decrease of 4.83% ... read more
Lebanese Forex Market The Lebanese Pound (LP) continues to be steady within the official range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 this week. The peg also ... read more
The BLOM Bond Index (BBI), a market value-weighted index tracking the performance of the Lebanese government Eurobonds market excluding coupon payments, retreated by 2.57% to close the week on January 10 ... read more
The below-zero growth persisted during December 2019 and continued to be driven by November 2019’s sharpest deterioration in the private sector’s health. With a PMI standing at lows of 37 points in ... read more
The ongoing Lebanese economic crisis has brought more to the fore the importance of the current account deficit in perpetuating the crisis. This is because, in the absence of sizable capital inflows to ... read more