For the month of August, President Michel Aoun and Prime Minister-designate Najib Mikati have met several times to agree on a new Read More
Tags :Lebanese Commercial Banks
Lebanese Commercial banks, BDL and the Lebanese government incurred high losses as a result of the financial crisis, and will continue to Read More
According to the latest World Bank Lebanon Economic Monitor, “Lebanon Sinking: To the Top 3”, the economic and financial crisis is likely to Read More
In the previous months, lockdown played a role in aggravating the economic and financial situation of the country; however, the easing of 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 (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 Read More
On Dec. 18th 2019, Standard & Poors (S&P) Global Ratings lowered its foreign and local currency issuer-credit ratings on the three Read More
The Board of Directors of BEMO Bank called for an extraordinary general assembly meeting on December 23, 2019 at 09.00am at the bank’s Read More
In March 2017, the BoP managed to register a surplus of $46.3M, with BDL’s Net Foreign Assets (NFAs) contracting by $1,158.1M and Read More
According to Lebanon’s commercial banks’ balance sheet, total assets increased 2.35% year-to-date (y-t-d) y-o-y and 5.70% annually, from $180.08B by June 2015 to $190.36B Read More
