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
Economic Indicators
Lebanese Commercial Banks’ Total Assets Down Year to Date by 3.70% to $181.08B by June 2021
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
Economic Indicators
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
PMI Reports
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
Economic Indicators
S&P Downgraded Lebanon’s Foreign and Local Currency Issuer Credit Ratings to “Selective Default” on Three Lebanese Banks and Revised Lebanon’s BICRA Score Downwards
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
Economic Indicators
Lebanon’s Balance of Payments Recorded a Quarterly Surplus of $554.8M in Q1 2017
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
