According to the Association of Lebanese Banks (ABL), the value of cleared checks stood at $38.67B by July 2018, contracting from $39.82B over the same period last year. The total number of cleared checks ... read more
The fiscal balance of Lebanon, an oil-importing economy, managed to record a larger primary surplus and a smaller deficit in 2017 even though international oil prices rose to an average price of $54.73 per ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 6.23% by July 2018 compared to the same period last year. The average costs of “Housing and ... 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
According to the central bank’s (BDL) balance sheet, total assets climbed by 11.15% year-to-date (YTD), to reach $131.45B in July 2018. In details, BDL’s Foreign assets (constituting 33.79% of total ... read more
According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits declined by an annual 15.73%to settle at 7,171 permits by June 2018. The Construction Area Authorized by ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 6.71% year-to-date (y-t-d), to stand at $234.60B by June 2018. In details, Reserves (constituting 50.15% of total ... read more
The Real GDP Growth appears to be declining in the third quarter of the year following the disappointing PMI reading in July compared to the previous months. The BLOM Lebanon Purchasing Managers’ Index ... read more
Lebanon’s fiscal deficit widened from $161.58M by February 2017 to $865.03M in the first two months of 2018 mainly due to three factors: the passing of the public sector pay hikes in Q4 2017, the ... read more
The consolidated financial statements of Byblos Bank revealed a 0.53% year-on-year (y-o-y) growth in profits to $66.63M in the first half of 2018 (H1 2018). In details, the incremental rise in profits came ... read more
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