On May 23rd, 2025, the Central Bank issued intermediate circular 735 (Decision 13718) to amend some of the points in the basic decision 7548 concerning the Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $847.2M by March 2021, compared to a deficit of $1062.1Read More
BLOM Bank published on 1/3/2021 its un-audited, consolidated financial results for year 2020. The results obtained were largely affected by the impact of the Read More
The Central Bank of Lebanon (BDL) issued a new Circular 573 on 9 October 2020; an amendment to the previously issued Circular 561 on 8 June 2020. Circular 561, Read More
The Lebanese lira registered a sharp depreciation against the US dollar (USD) on Thursday of this week as it traded at highs Read More
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 Read More
On Dec. 18th 2019, Standard & Poors (S&P) Global Ratings lowered its foreign and local currency issuer-credit ratings on the three Read More
BLOM Bank’s Board of Directors convened on Friday December 13th 2019 and decided to hold an extraordinary general assembly meeting on Tuesday Read More
In its report issued on Dec. 12th 2019, Fitch Ratings explains the mounting financial pressure on Lebanon, such that, “a government debt restructuring Read More
According to Moody’s rating agency, a Baseline Credit Assessment (BCA) of “Ca” instead of Caa2, is consistent with BDL’s recent Read More
