The Central Bank of Lebanon recently issued Intermediate Circular #446 entitled “Financial Operations and Activities in Financial Markets”. According to the circular, Lebanese banks must register the ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed a 13.28% rise y-t-d in BDL’s assets to $102.98B. BDL’s foreign assets, constituting 39.10% of total assets, registered a 8.56% increase from ... 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 financial crisis, large banks lost sight of their main function: financial ... read more
The BoP recorded a large surplus of $1.79B in August alone and thus turned the BoP of the year into positive territories with a surplus of $366.2M compared to a deficit of $1.65B by August 2015 and $1.42B ... 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 political and security turbulences locally and regionally. However, ... read more
Read BLOMINVEST COLUMN today in The Daily Star newspaper, featuring a special article on circular 331 and the current status of the startup ecosystem in Lebanon. Follow this link to read the editorial ... read more
As the Lebanese community continues on shifting its preferences in payment methods in favor of electronic payments, and as Lebanon is witnessing lower consumption and spending levels, cleared checks ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $94.58B in March 2016, recording a 0.18% monthly increase from February’s level and a 6.37% rise from March 2015’s ... read more
The balance sheet of the Lebanese Central Bank, BDL, posted a 1.42% monthly increase in total assets to $92.19B in January 2016. Foreign assets, constituting 40.15% of total assets, inched down by 0.20% ... read more
Following five years of outstanding performance, the Lebanese economy entered a new era of distress starting 2011, resulting from an internal instability and a political deadlock. The eruption of the ... read more
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