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 central bank’s (BDL) balance sheet, Total assets increased by 4.5% year-to-date (YTD) to reach $147.7B in mid-April 2020. The breakdown of the balance sheet links this uptick to a notable ...
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According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 2.97%, year-to-date (y-t-d), to stand at $210.33B in February 2020. In details, Resident customers’ deposits ...
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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 Lebanon’s Central Bank (or BDL), the Balance of Payments (BOP) recorded a deficit of $505.3M in the second month of the year, compared to a deficit $1.9B in the same period last year. In ...
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The central bank’s Circular No. 148 published on April 03rd 2020, stipulates that BDL allowed small Lebanese depositors whose bank deposits do not exceed LBP 5M, to perform withdrawal and/or other cash ...
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According to the Central Bank’s (BDL) balance sheet, total assets recorded an increase by 3.48% since year-start, to stand at $146.28B in 2020. In fact, this can be mainly attributed to the rise in “Gold” ...
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On the 24th of March 2020, BLOM Bank SAL informed its shareholders that due to the exceptional situation that Lebanon and the region are going through following the outbreak of COVID-19 and the decision of ...
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Lebanon’s Finance Ministry held an investor presentation on March 27, 2020 to update the country’s Eurobond holders on the government’s economic plans and the principles for debt restructuring. In fact, On ...
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According to the data released by the Ministry of Finance (MoF), Lebanese gross public debt increased by an annual 7.8% to settle at $91.99B in January 2020. In details, local currency debt (denominated in ...
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During the first month of 2020, Lebanon’s trade deficit totaled $820.5M, narrowing from the $1.17B registered in the same month last year. In fact, total imported goods retreated by 18% year-on-year (YOY) ...
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Beirut Stock Exchange (BSE) announced that as of March 23rd 2020, an additional 188,789,011 common shares issued by Bank Audi will be listed on the BSE. In fact on March 18th 2020, Bank Audi announced the ...
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Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in January 2020 added 27.3% totaling 4,668 transactions. However, the upbeat figures only take into account ...
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On Saturday 7 March 2020, Prime Minister Hassan Diab announced that Lebanon for the first time will not pay a $1.2B Eurobond due on March 9 and will seek to restructure its massive debt which reached $91B ...
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According to the central bank’s (BDL) balance sheet, total assets recorded an increase by 2.34% since year-start, to stand at $144.66B in mid-March 2020.In details, BDL foreign assets (constituting 24.71% ...
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According to Lebanon’s Ministry of Finance (MoF), personnel costs rose by an annual 0.42% to reach $5.39B by October 2019 compared to the same period last year. In fact, the eminent growth in personnel ...
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Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 and Q2 of 2019. During the period, a political deadlock prolonged ...
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Treasury transfers to Electricite du Liban (EDL) slipped by an annual 5.2% (or the equivalent of $72.15M), to stand at $1.31B in the first ten months of 2019 as per the latest data published by the ...
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The latest data provided by the Lebanese Ministry of Industry (MoI) revealed that the value of total industrial exports fell by 2% year-on-year (YOY) to stand at $2.5B in 2019, compared to an uptick of ...
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Since the eruption of the pretests in October 2019, the Real Estate sector has been witnessing a significant dynamic activity. In fact, the increase in demand and prices is mainly due to wealthy investors ...
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On March 07th 2020, the Lebanese government announced that its does not intend to pay the $1.2B worth of Eurobonds maturing on March 09th. The official statement emphasized on the country’s dwindling ...
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Cement deliveries dropped yearly by 31.88% to stand at 3.20M tons by December 2019, compared to 4.70M during the same period last year. In addition, the six-month moving average of the number of cement ...
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Disclaimer
The content of this blog is for information purposes only. The information herein has been compiled from, or based upon sources we believe to be reliable, but we do not guarantee or accept responsibility for its completeness or accuracy. This document should not be construed as a solicitation to take part in any investment, or as constituting any representation or warranty on our part. The consequences of any action taken on the basis of information contained herein are solely the responsibility of the recipient.
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