Since 2019, Lebanon has been grappling with an economic crisis that has significantly impacted various sectors. The country has witnessed severe inflation, a Read More
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Credit Allocations by Sector: Billion LBP Q3 2019 Share % Q1 2022 Share % Change % Agricuture 1,242 1.26 788.17 1.58 -36.54 Industry 10,519 10.67 5,551 11.16 -47.23 Construction 15,909 16.13 8,253 16.59 -48.12 Trade and Services 33,961 34.44 16,041 32.24 -52.77 Financial Read More
While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome Read More
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 Read More
The Board of Directors of BEMO Bank called for an extraordinary general assembly meeting on December 23, 2019 at 09.00am at the bank’s Read More
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved Read More
In his book “The Great Divide”, Nobel Prize winner Joseph Stiglitz highlights the idea that, in the period leading up to the 2008 Read More
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown Read More
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the Read More
With its initiative to regulate the micro finance sector in Lebanon, the BDL recently issued a set of regulations to control the Read More
