After the ordinary general assembly held on the 24th of April 2015, Bank of Beirut’s (BoB) Board of Directors agreed on distributing dividends for 2014. Dividends will be paid through MidClear starting ... read more
The Lebanese Stock Market started the week on a positive note, as the BLOM Stock Index (BSI) posted a 0.11% daily uptick to close at 1,192.76 points, which translates into a 1.92% y-t-d increase. In the ... read more
Demand for medium and long term Lebanese Eurobonds improved on Friday, as the BLOM Bond Index (BBI) increased by 0.15% to settle at 107.59 points. The yields on 5Y and 10Y Lebanese Eurobonds dropped by 4 ... read more
The Lebanese gross public debt amounted to $69.21B (LBP 104,338B) by February 2015, widening by 6.48% year-on-year (y-o-y) and 3.97% year-to-date (y-t-d). This equivalent to 138.64% of Lebanon’s GDP. Debt ... read more
Byblos Bank’s board of directors invited all shareholders for an ordinary annual general assembly that will be held at the bank’s headquarters in Ashrafieh, Elias Sarkis Avenue on May 15, 2015 at 11:30 ... read more
In the TBs auction held on the 16th of April 2015, the Ministry of Finance raised LP 417.26B ( $276.79M), through the issuance of bills and notes maturing in 6M, 2Y and 7Y. The highest demand was achieved ... read more
BLOM Bank announced today its financial results for the first quarter of 2015. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles facing the region. ... read more
According to Kafalat, the number of granted guarantees dropped from 208 in the first quarter of 2014 (Q1 2014) to 143 in Q1 2015 and their value fell from $26.8M in Q1 2014 to $19.6M in Q1 2015. In terms ... read more
During the period 17-24 April 2015, demand for the dollar remained stagnant on the Lebanese Forex market, as shown by the Lebanese pound’s peg against the dollar which maintained a quote of $/LP ... read more
Following 11 months of presidential vacuum and after 22 consecutive sessions to elect a president, the ongoing political deadlock kept on overshadowing the performance of the Beirut Stock Exchange (BSE). ... read more
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