In the week of January 10th 2019, official statements regarding a debt restructuring plan for Lebanon rattled the Eurobonds market, but they were later disregarded and followed by news on Qatar investing ... read more
In the week ending January 3rd 2019, Broad Money (M3) fell by a weekly LBP 986B ($654M) to stand at LBP 211,146B ($140B), adding 1.04% year-on-year (y-o-y). In details, M1 narrowed by LBP 923B ($612M) over ... read more
The Beirut Stock Exchange (BSE) released a statement by BLC which details two block trades of the bank’s ordinary shares conducted on January 11th 2019. Details of the Two Trade Blocks performed on BLC’s ... read more
Abstract Multiple reports and the latest social feeds continue to highlight Lebanon’s grim economic outlook, the reason why identifying new strategies to nurture Lebanon’s growth today is crucial. In this ... read more
In the first week of 2019, Lebanon’s BLOM Bond Index (BBI) recorded a downtick of 1.24%, closing at 87.62 points. The BBI’s performance was outpaced by the JP Morgan Emerging Markets’ Bond Index (EMBI), ... read more
To our Dearest Readers and Friends of BLOMInvest Bank: With our 2018 coming to an end, we at the Economic Research Dept. would love to Thank You for being loyal readers, active contributors, and friends of ... read more
The Great Recession epitomizes a period of extraordinary financial stress. The emergence and ignition of the financial crisis of 2007-2008 scarred the US economy and spilled over financial stress to the ... read more
The General Assembly of BLC Bank held an extraordinary meeting on Dec. 17, 2018 at the bank’s headquarters and discussed the items below, knowing all decisions await the approval of the central bank (BDL): ... read more
Lebanese Forex Market The Lebanese Pound steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar with a mid-price of $/LP 1,514.25. The peg continues to be supported by the ... read more
The board of directors (BoD) of BLC invited the holders of its Preferred Shares “E” to an extraordinary general assembly scheduled to be held at the bank’s headquarters in Beirut on Monday December 17, ... read more
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