The consolidated balance sheet of commercial banks jumped by 3.96% year-to-date (y-t-d) to $171.34B by September, equivalent to a 7.59% year-on-year (y-o-y) growth. Total reserves showed a 11.90% y-t-d ... read more
By September 2014, the number of cleared checks showed a yearly drop of 1.84% to 9.71M. Despite this decrease, the cumulative value of these checks increased by 4.46% year-on-year (y-o-y) to reach a value ... read more
During the analyst’s day held by Solidere on October 30, 2014, the management disclosed the company’s success in closing a deal over 3 plots in the waterfront area to local investors. The sale of 36,000 ... read more
“IT-literate, linguistically-skilled and cosmopolitan”. This is how Business Monitor International (BMI) described the Lebanese workforce in its latest “Information Technology Report”. This same workforce ... read more
Kafalat issued 732 guarantees in the first 10 months of 2014, with a total value of 93.70M, compared to 731 guarantees worth $99M for the same period in 2013. Correspondingly, the average value per loan ... read more
The Lebanese Parliament has approved the $30M loan provided by the International Bank for Reconstruction and Development (IBRD). The loan was initially approved on October 2nd, 2014, but Parliament had to ... read more
The BLOM Stock Index (BSI) barely moved today, adding 0.02% to 1,176.46 points. The real estate sector grasped a share of 89.52% of total traded value, with Solidere “A” and “B” shares dropping 0.26% and ... read more
The Lebanese Eurobonds Market stabilized, with the BLOM Bond Index (BBI) decreasing marginally, by 0.01% to 108.21 points. The 5Y Lebanese Eurobonds’ yield steadied at 5.18%, while that of the 10Y lost 1 ... read more
According to the Central Bank’s (BDL) balance sheet, total assets revealed a 0.91% monthly rise to reach $86.21B by end of October, 2014. The bank’s foreign assets edged up by 1.15% to $38.87B and its ... read more
The Beirut Stock Exchange (BSE) weakened, after lawmakers voted on Parliament’s mandate extension. The BLOM Stock Index (BSI) lost 0.27% to 1,176.22 points. Only one stock increased in price today, ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here