Moody’s assigned a sovereign credit rating of C to Lebanon. The C rating reflects Moody’s “assessment that the losses incurred by bondholders through Lebanon’s current default are likely to exceed ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $10.2B by November 2020, compared to a deficit of $5.85B over the same period last year. Accordingly, Net foreign Assets ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 12.21%, year-to-date (y-t-d), to stand at $190.3B in November 2020. This decrease will likely continue for the ... read more
In light of the Corona virus outbreak and the worsened economic situation, the overall climate in Lebanon further deteriorated and the security situation worsened, which led most future investments and ... read more
The performance of real estate sector is affected by the current financial crisis. Investors believe that the real estate sector in Lebanon is considered the safest investment right now as depositors are ... 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
The BLOM Stock Index (BSI) compiled by BLOMInvest Bank on a daily basis fell by 2.2% to reach 604.54 by the week ending November 27, 2020. However, the Market capitalization on the Beirut Stock Exchange ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased by a weekly LBP 46B ($30M) in the week ending November 12, 2020 to stand at LBP 197,474B ($131M). As such, on an annual ... 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
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
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