Credit Allocations by Sector: Billion LBP Q3 2019 Share % Q1 2022 Share % Change % Agricuture 1,242 1.26 788.17 1.58 -36.54 Industry 10,519 10.67 5,551 11.16 -47.23 Construction 15,909 16.13 8,253 16.59 -48.12 Trade and Services 33,961 34.44 16,041 32.24 -52.77 Financial Read More
Towards the end of year 2020, Governor Salameh mentioned in an interview that “Lebanese households hoard $10 billion in cash”[1]. That Lebanese households should Read More
The month of January 2021 witnessed a further deterioration of the economic conditions in Lebanon. Besides the usual suspects of exchange rate depreciations Read More
The IMF’s World Economic Outlook released in October 2020, offers an oversight of the Global economy; the rekindling of the economic activity Read More
The Central Administration of Statistics (CAS) recently published the national accounts report for 2018, which revealed that Lebanon’s real GDP growth fell Read More
The question that everybody keeps on asking is: is there still a way out of the current crisis or are we going Read More
The Lebanese economy has been struggling during the first 3 months of 2019 over a stagnating economy, uncertainty around the operating environment and growing Read More
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved Read More
Foreign direct investment (FDI) is considered as one of the important contributors of economic growth and development especially for developing countries.In Read More
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.0 in June 2018 compared to 46.4 in May 2018. In fact, Lebanese private sector businesses have been Read More
