BLOM Bank published today its unaudited financial results for the first nine months of 2018. In a difficult environment characterized by a slowing economy and continuing political paralysis, BLOM Bank ... read more
BLOM Bank published today its unaudited financial results for the first half of 2018. In a difficult environment characterized by a slowing economy, higher taxes on banks, and continuing regional ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.4 in May 2018 compared to 46.2 in April 2018. The activity at Lebanese Private Sector businesses remained subdued in May with surveyed ... read more
The BLOM Stock Index (BSI) lost 0.19% over the past week to reach 1,137.53 as most banking stocks declined due to distribution of dividends. The market capitalization also fell from last week’s $11.23 ... read more
The fourth week after Hariri’s abrupt resignation held another bunch of optimism that was materialized by another progress on the Beirut Stock Exchange (BSE). As a matter of fact, the suspension of ... read more
The shocking resignation of Lebanon’s Prime Minister (PM) Saad Hariri last Saturday rattled the Beirut Stock Exchange over the past week. The BLOM Stock Index (BSI) lost 3.20% to reach the level of ... read more
BLOM Bank announced today its un-audited financial results for the first nine months of 2017. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles still ... read more
Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM 233.53 16.66 1.54 34.36 Audi 212.83* 13.00 0.99 54.47 Byblos 66.27 7.06 0.62 56.60 * Doe not include the exceptional profits of $95.22 ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
In November 2016, BLOM Bank S.A.L had signed an agreement to acquire the assets and liabilities of HSBC Bank Middle East Limited (a subsidiary of HSBC Holdings plc.) by H1 2017, subject to Banque du ... read more
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