As the economic situation has been deteriorating in Lebanon and banks have started enforcing illegal capital control measures, depositors were ready to act on whatever means possible to save their money ... read more
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 (y-t-d), and stood at ... read more
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
The Board of Directors of BLOM Bank SAL (the Bank) conveyed on Monday, January 25,2021 and took the decision to call the shareholders of the Bank to hold an Extraordinary General Assembly Meeting on ... read more
On Thursday, France and the United States representatives addressed Lebanese politicians on the importance of forming a new government in the short-run and hence the need to carry out the necessary reforms ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
Moody’s assigned a sovereign credit rating of C to Lebanon. The C rating reflects Moody’s “assessment that the losses incurred by bondholders through Lebanon’s current default are likely to exceed ... 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 reach $149.85B by the end of January 2021. The increase was mainly due to the ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
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