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 ...
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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 ...
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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 ...
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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) ...
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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 ...
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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 ...
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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 ...
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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 ...
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According to the Ministry of Finance, Lebanon’s Gross Public Debt reached $71.65B by April 2016, up by 3.16% from April 2015 and 1.91% since year-start. Gross domestic debt amounted to $44.02B by April and ...
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Lebanon’s Balance of Payments (BoP) revealed a deficit of $899.1M in the first four months of 2016, compared to a deficit of $714.2M in the same period last year. The widening deficit is the result of a ...
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