According to the Association of Banks (ABL), the total value of cleared checks fell by a yearly 15.2% to settle at $37.4B in the first eight months of 2019. Correspondingly, the total number of checks ... read more
The latest data released by the Ministry of Finance (MoF) revealed Lebanese gross public debt grew by a yearly 3.7% to touch $86B by July 2019. In details, domestic debt (denominated in LBP) increased by a ... read more
Growth in the Lebanese economy was capped in H1 2019 whilst Lebanon’s private sector continued to be crowded out. Lebanon is known for its ability to maintain financial stability despite political and ... read more
According to the commercial banks’ consolidated balance sheet, Total assets of the banks added 3.89% year-to-date (YTD) to $259.18B by July 2019. It is worthy to note that towards the end of July 2019, the ... read more
The BLOM Lebanon PMI stood at 47.8 in August 2019, little-changed from July’s 47.7 score, indicating an annualized growth rate of the economy by 0-0.5%. The score reflects the ongoing operating ... read more
According to the central bank’s (BDL) balance sheet, Total assets dropped by 4.5% since year-start, to end the month of August 2019 at $134.2B. In fact, in July 2019 and in an attempt to improve investors’ ... read more
According to Kafalat, the number of loan guarantees dropped from 257 guarantees by July 2018 to 42 loans by July 2019. It followed that the total value of issued loan guarantees slumped from $33.6M by July ... read more
According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019. In details, Foreign Assets (which grasped 28.23% of BDL’s Total ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average consumer prices rose by an annual 3% in the first seven months of 2019, compared to an annual uptick of 6.23% recorded by July ... read more
The slump in the car market persists in the first seven months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 22,245 by July 2018, to stand at 16,988 cars by July ... read more
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