The BLOM Bond Index (BBI) closed at 92.72 points by April 17th 2019, registering an incremental uptick of 0.32% over the week. The BBI surpassed the JP Morgan Emerging Markets’ Bond Index (EMBI), which ... read more
The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to attend the annual general assembly held at the bank’s head office in Foch Street, downtown Beirut. The meeting ... read more
Lebanon’s fiscal deficit expanded from $3.38B by November 2017 to $5.81B by November 2018 according to the records of the Ministry of Finance. This was attributed to a 21.8% yearly increase in government ... read more
In the first quarter (Q1) of 2019, activity at the Port of Beirut (PoB) dropped, with the port’s revenues recording a 16.17% annual decline to stand at $49.80M. As such, total container activity including ... read more
The Alpha Group’s (Top Lebanese Banks with more than $2B in deposits) total assets registered an increase in 2018, in large part due to higher domestic assets. According to Bank Data, the Alpha Group’s ... read more
According to the Association of Lebanese banks (ABL), the number and value of cleared checks declined by 10.81% and 11.90% year-on-year (YOY) to 2.65 million and $14.82 billion in Q1 2019. The number of ... read more
According to the Association of Lebanese Car Importers, the number of new registered cars in Lebanon registered a 25% decline in March 2019 “despite the exceptional offers by all the Cars Importers in ... read more
According to Global Blue’s Q1 2019 “Globe Shopper Spending” report for Lebanon, total tourist spending grew by 12.18% year-on-year (YOY) and the number of total refund transactions grew by 5.8% YOY. In Q1 ... read more
Figures released by the Ministry of Finance show that Lebanon’s gross public debt reached $85.25B by the second month of 2019, thereby recording an annual uptick of 4.57% when compared to the gross public ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) dropped from 46.9 in February to 46.3 in March as output continued to contract in light of political uncertainty. Balance of payments data by February ... read more
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