In his book “The Great Divide”, Nobel Prize winner Joseph Stiglitz highlights the idea that, in the period leading up to the 2008 financial crisis, large banks lost sight of their main function: financial ... read more
The Lebanese Bourse registered a marginal fall this week, where the BLOM Stock Index (BSI) dropped by a weekly 0.04% to 1,217.12 points. Accordingly, market capitalization on the Beirut Stock Exchange ... read more
A version of this article appeared in the print edition of The Daily Star on September 22, 2016, on page 4. Lebanon’s half absent electricity remains a major source of social and financial distress for the ... read more
After 5 out of the 7 traded stocks ended today’s session in the red, the BLOM Stock Index (BSI) recorded another loss of 0.26% to settle at 1,147.82 points. However, trading activity progressed with the ... read more
During Tuesday’s trading session on the London Stock Exchange (LSE), Solidere’s GDR shares witnessed a 0.51% increase to $9.80 after 12,026 shares worth $117,855 were traded. 15,000 BLOM GDR shares worth ... read more
by Dr. Ali Bolbol, Economic Adviser at BLOM group (PDF version available here: Macroeconomic Effects of the COLA and Salary Scale Adjustments in the Public Sector ) 1. Introduction In January 2012, ... read more
In the first quarter of the year (Q1 2016), BLOM Bank retained its strong standing in the sector by relying on its successful conservative approach and expansion strategy. BLOM posted the highest Return on ... read more
BLOM listed shares witnessed a negative performance today on the Beirut Stock Exchange (BSE) as the stock lost 5.66% to end the session at $10.01. This mainly resulted from the ex-dividend date of BLOM ... read more
During the Annual Ordinary General Assembly held on April 14th, 2016, BLOM Bank’s shareholders approved the accounts of the bank for 2015 and the distribution of dividends and returns amounting to LBP ... read more
The board of Directors of BLOM Bank S.A.L convened on March 18th, 2016 and recommended to the General Assembly. The General Assembly will be held on the 14th of April, 2016 at 10:00 am in Beirut, Lebanon ... read more
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