The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $94.73B by mid-April 2016, recording a 0.44% monthly increase from mid-March’s level and a 6.54% rise from mid-April ... read more
BLOM shares’ decline due to the ex-dividend date on Monday April 18, weighed negatively on the BSE, with the BLOM Stock Index ending the week at 1,160.63 points, tightening by 1.06% during the week. ... read more
The Lebanese government successfully completed a new Eurobonds issuance this week, for 2 tranches: 8Y and 15Y. The size of each issue was $700M for the 8Y and $300M for the 15Y. Both tranches were ... 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
On the Beirut Stock Exchange (BSE), a negative performance was observed today as the BLOM Stock Index (BSI) down ticked 0.05% to 1,160.62 points. In the real estate sector, Solidere shares class “A” added ... read more
During Thursday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, BLOM’s GDR shares added 0.48% to settle at $10.40 after the trade of 7,334 ... read more
The BLOM Bond Index (BBI) lost a marginal 0.01% to 103.59 points on Thursday as demand for long term maturities on Lebanese Eurobonds slightly dropped. The yield on the 5Y Lebanese Eurobonds lost 1 basis ... read more
At 11:30 Beirut time, the Euro was quoted at €/$ 1.1276, the equivalent of €/LBP 1,699.86, depreciating by 0.12% since the day before against the US Dollar. The European currency fell against the dollar as ... read more
Consumer prices maintained the downward trend during the first quarter of 2016 as reflected by the Consumer Price Index (CPI) that dropped by 3.57% y-o-y in March 2016. According to the Central ... read more
Bank Audi released today its consolidated unaudited financial results for the first quarter of 2016. Despite a weak Lebanese economy and a continuing unstable regional environment, the Bank maintained its ... read more
During the week ending April 7, broad Money M3 decreased by LP 546B ($362.33M) to reach LP 187,264B ($124.22B). M3 registered a 5.68% yearly growth and a 0.36% year-to-date uptick. Similarly, M1 declined ... read more
Within a Middle East mired by conflicts and amidst political deadlocks at home, the operating environment for Lebanese banks has been tough since 2011. Add to that, new anti-terrorism financing laws and ... read more
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