While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more
On the back of BDL’s Circular No.532 (issued Nov. 04th) which instructed commercial banks in Lebanon to raise their Capital by 10% before year-end (and another 10% by end-June 2020), the Board of Directors ... read more
The Alpha Group’s (Top Lebanese Banks with more than $2B in deposits) total assets registered an increase in 2018, in large part due to higher domestic assets. According to Bank Data, the Alpha Group’s ... read more
lebanese Forex Market The Lebanese Pound steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar with a mid-price of $/LP 1,514.25. The peg continues to be supported by the ... read more
The Great Recession epitomizes a period of extraordinary financial stress. The emergence and ignition of the financial crisis of 2007-2008 scarred the US economy and spilled over financial stress to the ... read more
According to the central bank’s (BDL) balance sheet, total assets rose by 7.57% year-to-date (YTD) to stand at $127.21B in May 2018. In details, Foreign assets (constituting 35.59% of BDL’s total assets) ... read more
A version of this article appeared in the print edition of The Daily Star on May 31, 2018, on page 4. The parliamentary elections are over, but the economic challenges facing Lebanon are still there ... read more
During the week of 15 to 22 June, Broad Money M3 increased by a weekly of LBP 798B ($529M) to reach LBP 206,200B ($136.78B). In addition, M3 recorded a growth rate of 8.40% on a year -on -year basis and a ... read more
The recently released balance sheet of Bdl revealed substantial interim drops in the levels of foreign assets and securities’ portfolio, between mid-March and the end of March. The decline in foreign ... read more
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