The BLOM Lebanon PMI for August 2025 rose slightly above the 50.0 no-change threshold to record a 50.3 compared to July’s 48.9, ending five consecutive months of contraction, and signaling a marginal ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 10 months of 2015 increased by 2.15% year-on-year (y-o-y) to 34,734 ... read more
The number and value of guarantees given by Kafalat declined by 24.32% and 17.42% in the first 10 months of 2015 to 554 worth $77.38M, respectively, compared to 732 guarantees worth $93.70M by October ... read more
Total consolidated assets of commercial banks reached $181.34B by September, a 3.21% growth since year start, and an expansion of 5.84% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
Lebanon’s Balance of payments (BoP) deficit reached $1.77B by September 2015, the biggest since 2012 and five times higher than the $301.8M deficit recorded a year earlier. The deterioration in the BoP is ... read more
Rafic Hariri International Airport (RHIA) activity progressed during the first 10 months of 2015, where the total number of passengers increased by 9.93% year-on-year (y-o-y) to 6.12M. The number of ... read more
The Board of Directors of Banque Libano-Francaise (BLF) decided to redeem its 1,000,000 BLF preferred shares 2010 Series 2 worth LP 10,000,000,000. These shares will be replaced by 1,000,000 common shares ... read more
According to the Ministry of Finance, transfers to EDL reached $315.46M up to March 2015, significantly lower than the $615.13M recorded during Q1 2014. Excluding EDL’s debt service, the reimbursements for ... read more
The Central Bank’s (BDL) balance sheet revealed a minor monthly uptick of 0.53% in total assets to $92.11B by End-November 2015. Foreign assets, constituting 40.97% of total assets, inched down by 1.34% to ... read more
In its quarterly Industry Risk/Reward Index for Q4, 2015, in terms of the medical device industry, Business Monitor ranked Lebanon 7th out of 17 in the Middle East and Africa (MEA) region (Saudi Arabia ... read more
The value of cleared checks fell 8.51% during the first 9 months of the year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with ... read more
Banque BEMO reported a 15.40% annual increase in net income to $10.32M. This increase was primarily due to a $2.72M write-back of provisions and an 11.77% y-o-y decrease in administrative expenses to ... read more
BLC Bank witnessed a 25.56% y-o-y decline in their net income over the first three quarters of 2015 to $32.78M. Net interest income shed 29.66% to $92.18M, and net fee and commission income lost a similar ... read more
Bank of Beirut (BoB) witnessed a 12.03% annual rise in its net income over the first nine months of the year to $138.02M. This increase can be traced back to the 41.42% surge in net income from securities ... read more
Bank of Beirut S.A.L. announced to the owners of preferred shares class “H” that the Board of Directors decided in its meeting held on 26/09/2015, to redeem the 2.5M Class “H” preferred shares on the last ... read more
BLOM Bank announced its financial results for the first three quarters of 2015. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles facing the country. ... read more
Byblos Bank’s net profits barely grew by 0.26% year-on-year (y-o-y) to $113.08M in the first three quarters (Q3) of 2015. Worth mentioning, that the Bank reported a strong adequacy ratio, which amounted to ... read more
Cement deliveries tumbled during the 8 months of 2015, dropping by 12.20% to 3.24M tons compared to a higher level of 3.69M tons by August 2014. This plunge could be partially attributed to the weakening ... read more
The Lebanese Gross Public Debt (GPD) amounted to $68.88B (LBP 103,838B) in the first eight months of 2015, widening by 4.59% year-on-year (y-o-y) and 3.47% since the start of the year. Accordingly, ... read more
The number of construction permits witnessed a yearly drop of 12.51% to reach its lowest level in 6 years at 11,227 in the first 9 months of the year, compared to a higher level of 12,833 during the same ... read more
Total real estate transactions (local and foreign transactions) stood at 45,293 in the first 9 months of the year, with a 12.18% yearly decline from 51,572. Furthermore, those total transactions were worth ... read more
Lebanon’s touristic sector progressed to reach 1.18M tourists by September 2015, its highest level in 3 years. According to the Ministry of Tourism, the number of incomers by September 2015 surged by ... read more
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