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
Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM 356.93 16.93 1.55 34.37 Audi 341.39* 13.70 1.02 52.91 BoB 151.98 11.99 1.17 44.77 Byblos 114.53 8.41 0.71 53.20 * Does not include ... 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
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
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
The consolidated financial statements of BEMO Bank showed an increase in the bank’s profit of 28.2% year-on-year (YOY) to $13.32M by September 2017. The higher profit was a result of an increase in the net ... read more
The consolidated financial statements of Byblos Bank revealed a 0.76% year-on-year (YOY) uptick in Byblos Bank’s profit to $114.5M by September 2017. The bank’s official statement explains the increase in ... read more
During the week of 29 – 5 October 2017, Broad Money (M3) rose by a weekly LBP 766B ($508M) to reach LBP 208,981B ($138.63B). In addition, M3 grew by 7.42% on a year-on-year basis and a similar 7.42% ... read more
Over the past week, the BLOM Bond Index (BBI) slipped by 1.27%, to end the week at 102.27 points. Likewise, the JP Morgan Emerging Markets’ Bond Index (EMBI) also fell by 0.89%, to end the week at 800.13 ... read more
A version of this article appeared in the print edition of The Daily Star on October 19, 2017, on page 4. Economic growth in Lebanon has long been associated with growth in real estate, construction and ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here