During the two weeks ending December 18, 2014, broad Money M3 increased by LP 332B ($220.29M), to reach LP 175,926B ($116.70B). M3 growth rate reached 6.50% year-on-year and 4.99% since year start. In ... read more
Demand for the dollar declined over the prior 2 weeks as reflected by the Lebanese pound’s peg against the dollar that went down from $/LP 1,510-1,514 with a mid-price of $/LP 1,512 to $/LP 1,509-1,513 ... read more
During the two weeks ending December 4, 2014, broad Money M3 increased by LP 245B ($162.73M), to reach LP 175,594B ($116.48B). M3 growth rate reached 6.30% year-on-year and 4.79% since year start. ... read more
Transfers to EdL for the first half of 2014 revealed a 10.23% year-on-year (y-o-y) increase to $1.04B. This climb was due to the 12.41% y-o-y increase in payments to fuel oil and gas oil suppliers KPC and ... read more
BankMed increased its capital from $432.84 to $442.79M by issuing 1.5M new preferred shares series 3, in accordance with the first three decisions made during the extraordinary general assembly of ... read more
During the ordinary general assembly held on the 24th of October, 2014, the shareholders of Bank BEMO approved the issuance of 2,500 subordinate debt securities worth $25M, with a nominal value per bond ... read more
The Lebanese Eurobonds Market weakened during the week, amidst security turbulences. The BLOM Bond Index (BBI) dropped 0.25%, to settle at 108.25 points, with a 2.47% gain since year start. Low demand on ... read more
Demand for the dollar decreased over the prior week as reflected by the Lebanese pound’s peg against the dollar that went from $/LP 1,513-1,514 with a mid-price of $/LP 1,513.5 to $/LP 1,510-1,514 with a ... read more
The Beirut Stock Exchange reversed last week’s decline, as the BLOM Stock Index (BSI) recorded a weekly 0.43% increase to close at 1,181.69 points following heavy trade on Friday. The average traded volume ... read more
The total number of registered new and imported used cars during the first 11 months of 2014 has dropped by 2% compared to the same period last year. According to the Association of Car Importers in ... read more
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