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
In this paper, we try to focus on the published breakdown of Lebanon’s deposits and analyze the changes in accounts’ currency, number, and value from 2018 and 2019 especially following the eruption ... read more
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 beginning of 2020 carried a lot of negative news for Lebanon which further dragged down sovereign macroeconomic parameters. In parallel, stock market activity on the Beirut Stock Exchange (BSE) also ... 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
The first full materialization of the civic protest’s economic repercussions emerged in November 2019, as economic growth is estimated at -0.5% year-to-date. While October’s PMI stood at 48.3, measured ... read more
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