The combined net profit of listed Lebanese banks stood at $78.28 million in the first nine months of 2020, compared to a net after-tax profit of $544.68 million in the same period in 2019.
The insurance sector's gross written premiums dropped by 5.87% on an annual basis to $1,185.41 million in the first nine months of 2020, down from $1,259.32 million in the same period in 2019.
Lebanon’s fiscal deficit (Budgetary & Treasury) contracted by 14.10% y-o-y in the first eight months of 2020 to around $2.54 billion, compared to $2.95 billion a year earlier.
<p>Lebanon’s gross public debt rose by $536.65 million during the ninth month of 2020 to $94.81 billion, up from $94.26 billion in August.</p>
