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
Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in by February 2020 added 37.85% totaling 10,834 transactions. However, the upbeat figures only take into ... read more
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) stood at $1.75B by April 2020, up from last year’s $1.38B. In detail, the substantial deficit is ... read more
In the first 4 months of 2020, Lebanon’s trade deficit totaled $2.59B, narrowing from the $5.18B registered in the same period last year. In fact, total imported goods retreated by 41.7% year-on-year (YOY) ... read more
Interpreting the checks dataset provided by the Association of Lebanese Banks’ (ABL) on a monthly basis reveals that the uptrend witnessed in the total value of checks early-on in 2020 began to be ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in Feb. and March 2020, respectively, to reach 46.6% in April and a record-high of ... read more
BLOM Bank’s Board of Directors (BoD) convened on June 19th 2020 and decided to hold an ordinary general assembly meeting on Wednesday July 15th 2020 at 11.00 am and an extraordinary general assembly ... read more
The Lebanese tourism sector, a leading growth driver, took the hit in Q1 2020 as the national protests ongoing since Q4 2019 were coupled with international travel bans following the outbreak of ... read more
Solidere issued a Press Release on June 18th 2020 in which it estimates that its non-audited expected sales will total $341.9M in 2020, based on the sales deals concluded and expected throughout the year. ... read more
Data released by the Ministry of Finance (MoF) revealed that personnel costs climbed by a yearly 4.2% to stand at $1.22B during Jan./Feb.2020. Personnel costs were mainly inflated as a result of the annual ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report in which it explains that the industry is currently facing the “risk of closing companies of importers of ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 6.6% since year-start, to reach $150.7B in mid-June 2020. The increase was mainly a result of the 26% annual ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $92.42B by March 2020, thereby recording an annual 7.2% uptick. The increase is mainly attributed ... read more
The latest statistics on activity at the Port of Beirut revealed an annual slump of 46.7% in the revenues of the Port of Beirut (PoB) to $45.8M by May 2020. In detail, Total container activity including ... read more
Tourism activity in Lebanon continued its downward trend in the first four months of 2020. Tourists were discouraged from traveling to Lebanon since the eruption of October 2019 protests which raised the ... read more
According to the Ministry of Finance, transfers to EDL witnessed a yearly drop of 14.28% to reach $ 1.50B by the end of 2019. In details “Payments to fuel and oil gas suppliers KPC and SPC” (which grasped ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, witnessed a marginal annual ... read more
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) stood at $1.16B by Feb. 2020, up from last year’s $657.84M. In detail, the substantial deficit is ... read more
According to the Central Administration of Statistics (CAS), the monthly inflation rate in Lebanon surged to 11.4% in February 2020, up from 3.15% in Feb. 2019. The ensuing inflation rate in the first two ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 5.09%, year-to-date (y-t-d), to stand at $205.75B in April 2020. In details, Resident customers’ deposits ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.30B by April 2020, compared to a deficit of $3.30B by April last year. Accordingly, Net foreign Assets (NFAs) of BDL ... read more
Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Fund (IMF) after presenting a detailed financial rescue ... read more
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