Lebanon’s Balance of payments (BoP) deficit reached $2.17B by October 2015 compared to a lower deficit of $867.7M by October 2014. The deterioration Read More
Tags :commercial banks
The newly released statement of income by Bank Audi’s Egyptian subsidiary revealed a 40% yearly surge in net profit from $42.84M for Read More
The Lebanese economy is a “credit economy” where the function of financial intermediation takes center stage. Up to July 2015, the totality of Read More
The municipal solid waste crisis has been the main highlight of the third quarter (Q3) in Lebanon. The forceful closing of the Read More
Despite the improving tourism activity, and the contracting trade deficit, Lebanon’s Balance of Payment (BoP) remained in the red for the Read More
The Lebanese Gross Public Debt (GPD) reached $69.03B (LBP 104,582B) in H1 2015, broadening by 5.02% year-on-year (y-o-y) and 3.69% year-to-date (y-t-d). Thus, Lebanon’s Read More
Total consolidated assets of commercial banks amounted to $180.08B in H1, a 2.50% growth since year start, and an improvement of 6.20% year-on-year (y-o-y). Read More
According to the Central Bank of Lebanon, the value of outstanding loans to the private sector rose by 0.47% since year-start to $54.17B Read More
Total consolidated assets of commercial banks amounted to $179.03B by May, a 1.90% growth since year start, and an improvement of 6.97% year-on-year (y-o-y). Read More
The use of online services in the field of banking, amongst others, is gradually gaining appeal in Lebanon. In an attempt to Read More
