As the economic situation has been deteriorating in Lebanon and banks have started enforcing illegal capital control measures, depositors were ready to Read More
Tags :February 2021
Lebanese Commercial Banks’ Total Assets Up Year to Date by 0.05% to $188.13B by February 2021
Along with the financial crisis and political uncertainty, Lebanese banks are continuously restrained. Total assets of Lebanese commercial banks increased by 0.05%, year-to-date (Read More
BLOM Lebanon PMI March 2021: PMI Hits 17-Month High Amid Softer Declines In Output and New Orders
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued Read More
12/02/2021 05/02/2021 %Change YTD Euro / LP 1,821.81 1,803.53 1.01% – Euro / Dollar 1.2085 1.1964 1.01% – NEER Index 124.58 125.30 -0.57% -0.21% Lebanese Forex Market To-date, the Lebanese Pound (LBP) remained steady within Read More
BLOM Bank SAL to Hold an Extraordinary General Assembly Meeting on February 22, 2021
The Board of Directors of BLOM Bank SAL (the Bank) conveyed on Monday, January 25,2021 and took the decision to call the shareholders Read More
US 5-Year and 10-Year Treasury Yield Turn Higher As President Biden Aims to Strengthen US Foreign Policy
On Thursday, France and the United States representatives addressed Lebanese politicians on the importance of forming a new government in the short-run Read More
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of Read More
Moody’s: Lebanon’s Sovereign Credit Rating is at C amid a Steep Economic, Financial, and Social Crisis
Moody’s assigned a sovereign credit rating of C to Lebanon. The C rating reflects Moody’s “assessment that the losses incurred Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 5.56% compared to last year, to Read More
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of Read More
