Bank of Beirut (BoB) recorded a 20.65% surge in its net profits to $175.47M end of 2014. This upsurge was the result of the 13.50% Read More
Retail banking activity in Lebanon was one of the few indicators to post improving activity in 2014. The number of payment cards soared Read More
BEMO Bank published its unaudited 2014 financial results revealing a yearly increase in its net profits by 74.9% to $11.17M. The progress resulted of Read More
Demand for the dollar weakened over the week, as reflected by the Lebanese pound’s peg against the dollar that went up Read More
Kindly find below the recently published article written by Mr. Osama Habib in the Lebanese Daily Star Newspaper: The improved performance of Read More
Financial Markets
Unlike the US and Emerging Markets, the Lebanese Eurobonds Posted a Weekly Decline
The increased threat of war with Israel after recent altercations caused a decreased demand for Lebanese Eurobonds. The BLOM Bond Index (BBI) Read More
After the approval of the Central Council of Banque du Liban, Cedrus Invest Bank boosted its capital from $51.74M to $491.74M. The Read More
The Beirut Stock Exchange (BSE) bounced back after 3 weeks of declines, as the banks that released their financial statements for the fourth Read More
Kindly find below the recently published article—Greece: Think Flows, Not Stocks —written by Mr. Paul Krugman, the American economist, in the Read More
During the week ending January 15, 2015, broad Money M3 decreased by LP 1,168B ($775.08M), to reach LP 176,321B ($116.96B) with a 5.32% year-on-year growth. Read More
