The BLOM Stock Index (BSI) rose by a weekly 0.44% to 1,160.50 points this Friday. During the week an average of 121,735 shares worth $1.20M were traded compared to an average of 151,761 shares worth ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets grew 2.04% year-to-date (y-t-d) and 6.95% y-o-y, to $209.39B by August 2017. The reason behind the y-t-d rise in assetswere the ... read more
According to the Central Bank of Lebanon (BDL), total assets of commercial banks increased by 1.26% year-to-date (y-t-d) to reach a value of $206.89B. The increase in total assets was mainly due to the ... read more
According to the balance sheet of Banque du Liban (BdL), total Assets went up from $102.32B in December 2016 to $105.18B by June 2017. In details, Foreign Assets (constituting 39.06% of total BDL Assets) ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a progress in total assets from February 2016’s level of $186.6B to $204.9B in February 2017, reflecting a 10% year-on-year (y-o-y) ... read more
As per BLC’s consolidated financial statements, net income climbed by 2.45% year on year (y-o-y) to stand at $45.2M in December 2016. In details, Net Fees & Commission Income, the bulk of BLC’s income ... read more
Banque Du Liban’s (BDL) Balance Sheet revealed a 12.56% year-on-year (y-o-y) increase in assets to $102.3B by Dec.2016. BDL’s swap operation in July was mainly behind the 9.75% yearly uptick in the central ... read more
Low Interest Rates Halt Income Growth Arab Bank’s financials revealed a static bottom-line performance, as net income during the first half of 2016 registered $418.74M (JOD 297.16M) in comparison with ... read more
Delivery of Plots Boosts Income Statement Solidere released its consolidated financial statements for the first 6 months of 2016, revealing an improvement in its bottom line from a net loss of $28.71M by ... read more
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
