Because of lower demand for both 5 year and 10 year maturities, the Lebanese Eurobonds market, reflected by the BLOM Bond Index (BBI), witnessed a drop of 0.31% to reach 102.97 points during this week. ... 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 Odea Bank’s official statement, released by the Beirut Stock Exchange, Odea Bank announced the successful completion of a TL 1.0 billion ($340M) capital increase, after obtaining necessary ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets increased 2.35% year-to-date (y-t-d) y-o-y and 5.70% annually, from $180.08B by June 2015 to $190.36B by June 2016. On a year-to-date ... read more
During the week ending July 21st, broad Money M3 dropped by LP 113B ($74.96M) from July 14 to reach LP 190,210B ($126.18B) on July 21. As such, M3 recorded a 4.54% annual growth and a 1.94% rise since the ... 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
The knowledge economy in Lebanon is continuing to attract new funds and stakeholders. The newest addition is Pheonician Fund I, a venture capital (VC) with a target size of $50M. On the 8th of August 2016, ... read more
According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit increase from $1.32B in the first half (H1) of 2015 to $1.77B in H1 2016. Net Foreign Assets (NFA) of both ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the second quarter of 2016. As a result, the Bank’s financial statements revealed an uprise in its net profits from $6.93M in H1 2015 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 the Ministry of Finance, Lebanon’s fiscal deficit widened by 9.32% to reach $1.63B by April 2016, versus a deficit of $1.49B in the same period in 2015. In details, in the first four months 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
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