While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more
The BLOM Bond Index (BBI) which is BLOMInvest Bank’s market value-weighted index tracking the performance of the Lebanese government Eurobonds’ market excluding coupon payments, partly recovered from its ... 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. It is important to interpret the below ... read more
The consolidated financial statements for Societe Libanaise Des Ciments Blancs by the year ended December 31, 2018 reported an 11.9% decrease in current assets to $10.5M, partly attributed to a significant ... 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
The ripples of the Lebanese economic slowdown vary from sector to sector. Tourism was hit by the absence of hefty Gulf spenders but was able to adapt to the new segment of European tourists by offering ... read more
In the week ending February 21st 2019, Broad Money (M3) fell by a weekly LBP 7B ($5M) to stand at LBP 209,149B ($138.74B), declining 0.30% year-on-year (y-o-y) and 1.41% since the start of the year. In ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) increased from 46.5 in January 2019 to 46.9 in February as output and new orders declined at a slower pace, the slowest in a year. On January 31st the ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be supported by ... read more
Following the government’s formation, pressure has been easing on the Lebanese Eurobonds market. The BLOM Bond Index (BBI) rose by 1.25% over the week to 93.93 points on account of higher demand on medium ... read more
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