The Lebanese stock market maintained its upward momentum over the past two weeks and past the Eid Al Fitr break. The momentum was translated into a 0.47% gain in the BLOM Stock Index (BSI) since the ... read more
During the extraordinary general assembly held on March 21st, 2016, Bank of Beirut (BoB) shareholders agreed upon the decision to raise the bank’s capital from LBP 105.41B ($69.24 M) to LBP 109.38B ($ ... read more
During the week ending June 30th, broad Money M3 was augmented by LP 379B ($251.62M) to reach LP 190,428B ($126.32B). As such, M3 recorded a 4.89% annual growth and a 2.05% gain since the start of the ... read more
Following a general assembly held on June 22nd 2016, Ciments Blancs announced the distribution of a cash dividend equivalent to LBP 433 per share. The record date for the nominal shares has been set at ... read more
During the general assembly held on June 15th 2016, the board decided to distribute dividends based on 2015’s financial performance. The cash dividend is equal to LBP 1,219 per share, and will be ... read more
The Lebanese stock market continued to keep its head above water despite the uncertainty on the political front and the terror attack that hit the Northeastern part of the country early in the week. This ... read more
As per its latest unaudited financial statements, Bank of Beirut (BoB) recognized a yearly 7.96% rise in its Net Income, ending 2015 at a level of LBP 65.99B ($43.78M). BoB saw its net interest income ... read more
According to the Ministry of Finance, transfers to EDL reached $472.07M up to May 2015, significantly lower than the $943.88M over the same period in 2014. Out of the government’s primary expenditures of ... read more
During the week ending December 3, 2015, broad Money M3 increased by LP 85B ($56.19M) to reach LP 184,256B ($122.23B). M3 registered a 4.84% yearly growth and a 3.87% year-to-date growth. Similarly, M1 ... read more
Following Banque du Liban’s approval on the 30th of September 2015, Lebanon & Gulf Bank S.A.L increased its capital by $20.0M through the issuance of 200,000 perpetual, non-cumulative redeemable ... read more
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