BEMO Bank’s financial statements revealed a 19.63% year-on-year (y-o-y) surge in its net profits to $13.43M in 2015. Although net interest income and net fee and commission income dropped 3.92% and 1.19% ... read more
During the second week of 2016 ending January 14th, broad Money M3 decreased by LP 352B ($233.69M) to reach LP 185,844B ($123.28B). M3 registered a 4.98% yearly growth and a 0.40% year-to-date downtick. ... read more
The Beirut Stock Exchange experienced strong activity today, as 1,403,920 shares worth $8,993,718 compared to 67,114 worth $562,161. The BLOM Stock Index (BSI) increased by 0.22% to 1,151.12 points, ... read more
Three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Wednesday. In details, BLOM GDRs decreased by 0.73% to reach $9.53, following the ... read more
Demand for Lebanese Eurobonds augmented on Wednesday, as the BLOM Bond Index (BBI) recorded a 0.33% increase to 102.71 points. The yields on the 5Y and 10Y Lebanese Eurobonds dropped by 12 basis points ... read more
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0920, the equivalent of €/LBP 1,646.19, appreciating by 0.27% against the US Dollar. Although the Fed assured the US economy is on the right track, it ... read more
With its initiative to regulate the micro finance sector in Lebanon, the BDL recently issued a set of regulations to control the credit operations performed by the small credit companies called “credit ... read more
The Beirut Stock Exchange experienced frailer activity today, as 67,114 shares worth $562,114 compared to 106,350 worth $854,730 on Tuesday. The BLOM Stock Index (BSI) decreased by 0.15% to 1,148.62 ... read more
Two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Tuesday. In details, Solidere GDRs decreased by 1.48% to reach $10.00, following the ... read more
Demand for long-term Lebanese Eurobonds diminished on Tuesday, as the BLOM Bond Index (BBI) recorded a 0.06% decrease to 102.38 points. The yield on the 5Y Lebanese Eurobonds dropped by 3 basis points ... read more
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