According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 41.4% percentage Read More
According to BDL’s latest monetary report, the BOP recorded a surplus of $2.24B by December 2023, far beyond the deficit over the Read More
Trillion LBP 31/7/2023 31/1/2024 Assets Foreign Assets 206.82 218.72 Liabilities Currency 61.96 57.08 Public Deposits 115.65 205.39 Source: BDL After learning its lessons the hard way, BDL resorted to ‘monetary Read More
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 31.83% to stand at $115.25B by December 2023 amid BDL’Read More
Global remittances to low- and middle-income nations (LMICs) reached $669 billion, growing annually by 3.8% but falling short of previous years’ gains. This is Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 43.38% compared to last year, Read More
On February 2nd, 2024, BDL issued Circular 167 requiring banks and all financial institutions, when preparing their financials, to abide by the international accounting Read More
On January 31, 2024, the IMF updated its Regional Economic Outlook for the MENA region. On this occasion, Mr Jihad Azour, Director, Middle East Read More
The IMF updated its World Economic Outlook (WEO) projections on January 30, 2024, as justified by the fact that “global activity proved resilient in Read More
