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Byblos Bank

Byblos Bank latest

A man walks past a money exchange in Beirut after Lebanon's central bank announced measures to facilitate access to dollars for importers of petroleum products, wheat, and medicine amid fears of a dollar shortage.
October 7th, 2019 - 08:41 GMT

The One Million Dollar Question: Is the Lebanese Pound at Risk of Devaluation?

Fears of a monetary devaluation in Lebanon, where the exchange rate has been fixed for more than two decades, are on the increase following a dollar shortage and the downgrading of the country's sovereign credit rating. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"7c2e50c8-9b5c-4163-9815-21d6d268309b","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Countries with the Highest Risk of Money Laundry"} - Why the panic? - Panic has gripped Lebanon in recent weeks when it became nearly impossible to withdraw dollars from ATMs or to ...
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Al Bawaba
August 27th, 2015 - 01:49 GMT

A silver lining: Import prices fall for Lebanon as euro, yuan decline

Al Bawaba
July 21st, 2015 - 09:34 GMT

Lebanese banks to seize opportunities with Iran after sanctions are removed

The Index posted a monthly average of 33.4 in the first half of 2014, increasing by 16.5 percent from the second half of 2013
August 27th, 2014 - 06:17 GMT

Lebanon's Consumer Confidence Index drops in May, June

But taking into account the depreciation of the Syrian pound against the U.S. dollar, the results show a steeper decline of nearly 77 percent.
August 18th, 2014 - 03:55 GMT

Lebanese banks in Syria hit hard

International rating agency Standard & Poor’s has raised its outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable.
April 21st, 2014 - 09:47 GMT

First the economy, now the banks: S&P raises Lebanon's outlook from negative to stable

BLOM Bank, Bank Med and Bank Audi all were upgraded from "negative" to "stable" under Standard & Poor's ratings (File Archive)
April 20th, 2014 - 08:17 GMT

Restoring confidence: Can S&P bank upgrade help Lebanon's economy?

The research team at Lebanon's Byblos Bank reported that many foreign-owned banks feel they can no longer compete with local lenders in the country (Courtesy of the Daily Star)
January 16th, 2014 - 10:10 GMT

Is Lebanon's banking sector shrinking?

Solidere, which was set up to rebuild the Beirut Central District, has been hurt by lower demand for real estate due to the spillover from the Syrian crisis, and its shares have lost almost 13 percent since the beginning of 2013.
November 25th, 2013 - 03:55 GMT

The only silver lining? Beirut blast unlikely to result in stock sell-off

Capital inflows mark 19 percent of Lebanon’s GDP, making the country’s capital inflow to GDP ratio one of the highest in the Middle East.
September 24th, 2013 - 11:30 GMT

Capital inflows coming to the rescue of the Lebanese economy? yes and no

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

Beirut’s rent-per-month was second highest in the Arab world at $1,623 per square meter
July 23rd, 2013 - 05:30 GMT

Pricey property: Beirut ranks second place for regional real estate prices

The IMF has revised its growth predictions for the Lebanese economy down to 2 per cent
April 22nd, 2013 - 07:40 GMT

IMF revises downwards Lebanese growth projections

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