According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 5,382,841 checks by November 2020 to 2,948,730 ... read more
During the month of October, the majority of politicians voted for election next March 2022 despite the president’s office refusal of holding the parliamentary elections around two months ahead of ... read more
For the month of August, President Michel Aoun and Prime Minister-designate Najib Mikati have met several times to agree on a new cabinet with no end result. However, as of last week, President expressed ... read more
During the week of Nov. 2nd – Nov. 9th 2017, Broad Money (M3) fell by a weekly LBP 490B ($325M) to reach LBP 208,066B ($138B). Nevertheless, M3 rose by a yearly 6.88% and by 4.53% since the start of the ... read more
According to the consolidated balance sheet of Lebanon’s commercial banks, total assets continued to show progress in March 2017 as they grew by 9.64% y-o-y to $205.8B mainly due to BDL’s swap operation ... read more
During the week ending May 26, broad Money M3 increased by LP 397B ($263.49M) to reach LP 189,526B ($125.72B). M3 registered a 4.77% yearly growth and a 1.57% year-to-date uptick. Likewise, M1 rose by LP ... read more
During the week ending March 24, broad Money M3 grew by LP 293B ($194.36M) to reach LP 187,238B ($124.20B). M3 registered a 5.92% yearly growth and a 0.34% year-to-date uptick. Similarly, M1 widened by LP ... read more
Total consolidated assets of commercial banks amounted to $183.18B in the first 11 months of 2015, recording a 4.26% growth since year start, and an expansion of 6.37% year-on-year (y-o-y). In terms of ... read more
The value of cleared checks fell by 7.61% during the first 11 months of the year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
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