The PMI’s predictive power revealed that Lebanon’s GDP growth dipped into negative territory for two consecutive quarters Q1 and Q2 of 2019. That said, the Lebanese economy was already in a recession when ... 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 headquarters in Ashrafieh. The main items on the agenda are: To ... read more
For a proper analysis of the changes to the Lebanese balance of payments in October 2019 to-date, it is worthy to take note of the developments on the political scene (attached to the ongoing civic protest ... read more
A lot of rumors have been circulating lately regarding the economic situation in Lebanon. Every citizen, whether an economic expert or not, is worried about the liquidity in the system and is trying to ... read more
Lebanon’s balance of payments (BOP) registered a surplus of $921.5M in August 2019, owing it to a foreign placement of $1.4B in BDL Certificates of Deposits (CDs). In fact, BDL’s NFAs witnessed an uptick ... read more
As per the minutes of the Extraordinary General Meeting held by the shareholders of Jammal Trust Bank (JTB) on Sept. 24th 2019 which entailed the request to self-liquidate the bank, and according to BDL’s ... read more
Growth in the Lebanese economy was capped in H1 2019 whilst Lebanon’s private sector continued to be crowded out. Lebanon is known for its ability to maintain financial stability despite political and ... read more
According to the central bank’s (BDL) balance sheet, Total assets dropped by 4.5% since year-start, to end the month of August 2019 at $134.2B. In fact, in July 2019 and in an attempt to improve investors’ ... read more
According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019. In details, Foreign Assets (which grasped 28.23% of BDL’s Total ... read more
Abstract The study explores the macroeconomic indications of the Lebanese economy and therefore comes to update the findings of the similar report published in Sept. 2018 and to interpret the impact of ... read more
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