According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 9.72%, year-to-date (y-t-d), to stand at $195.7B in August 2020. In details, Resident customers’ deposits ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $7.50B by August 2020, compared to a deficit of $5.89B by August last year. Accordingly, Net foreign Assets (NFAs) of BDL ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 8.47% since year-start, to reach $153.33B in September 2020. The increase was mainly due to the 24.29% rise in ... 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
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to a deficit of $2.15B in Q1 last year. Accordingly, Net foreign Assets ... 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 ... 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 ... read more
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 ... 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 and Q2 of 2019. During the period, a political ... read more
Credit rating downgrades on Lebanon and its banks during of February 2020 weighed down on future business expectations. February’s PMI results revealed a stark pessimism in the private sectors’ sentiment ... read more
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