In their latest publication, real estate advisers RAMCO, surveyed 346 buildings under construction across Municipal Beirut and revealed the average asking sales prices of apartments on the first floor in ... read more
Monday’s trading session saw the BLOM Stock Index (BSI) rise by 0.07% to 1,183.79 points following the trade of 494,304 shares worth $1,502,260. The BSI registered a 1.16% uptick since the start of the ... read more
Little change was seen on the Lebanese Eurobonds market as the BLOM Bond Index (BBI) ticked up by 0.005% to 107.20 points on Friday. The yield on the 10 Year Lebanese Eurobonds steadied at 6.06% while the ... read more
According to the Ministry of Finance, transfers to EDL dropped by a yearly 3.6% to reach $1.81B up to November 2014. Excluding EDL’s debt service, the reimbursements for the purchase of gas and fuel from ... read more
Total consolidated assets of commercial banks amounted to $179.03B by May, a 1.90% growth since year start, and an improvement of 6.97% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
During the two-week period ending June 25 2015, broad Money M3 increased by LP 55B ($36.25M), to reach LP 181,246B ($120.23B) with a 5.20% yearly growth and a 2.17% y-t-d uptick. In contrast, M1 went down ... read more
With the Greek referendum catching the spotlights this week, what was the opinion of Mr. Marwan Mikhael, Head of research department at BLOMINVEST Bank, regarding Greece voting “No” to the ... read more
According to Kafalat figures, the number of issued guarantees in the first half of 2015 (H1 2015) reached 292 down from 443 in H1 2014. The value of the issued Kafalat guarantees also declined by 26.53% ... read more
The use of online services in the field of banking, amongst others, is gradually gaining appeal in Lebanon. In an attempt to regulate this market, the Central Bank of Lebanon recently issued Intermediate ... read more
Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,505-1,509 with a mid-price of $/LP 1,507 to $/LP 1,507–1,511 ... read more
The BLOM Stock Index (BSI) witnessed frail activity over the week, coinciding with the ongoing Holy month of Ramadan coupled with some political turbulence, as riots took place next to the downtown area on ... read more
Check below a summary of the recently published assessment of Greece’s public debt released by the International Monetary Fund (IMF) as well as a link to the full article: At the last review in May ... 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