During Monday’s trading session on the London Stock Exchange (LSE), 5,091 BLOM GDR shares were traded with a value of $51,928 but maintained the same price of $10.20. Bank Audi’s GDR shares gained 0.87% to ... read more
The BLOM Bond Index (BBI) remained unchanged at 103.59 points on Monday with the yields on the Lebanese Eurobonds maturing in 5 and 10 years stabilizing at 6.12% and 6.79%, respectively. The spread between ... read more
At 15:46 Beirut time, the Euro was quoted at €/$ 1.1305, the equivalent of €/LBP 1,704.23, appreciating by 0.44% against the US Dollar. The euro is gaining some ground against the dollar ahead of the ... read more
According to data from the Lebanese customs, Lebanon’s trade deficit reached $3.99B in the first quarter of 2016 (Q1 2016), up by 16% from the $3.43B registered in Q1 2015. Exports dropped by an annual 15% ... read more
Within a Middle East mired by conflicts and amidst political deadlocks at home, the operating environment for Lebanese banks has been tough since 2011. Add to that, new anti-terrorism financing laws and ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... 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
According to Bank Audi and the Beirut Stock Exchange, Bank Audi’s shareholders convened on April 8, 2016 for an Ordinary General Assembly and declared a gross distribution of dividends as follows: To ... read more
According to the International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) entitled “Too Slow for Too Long”, global growth is projected at 3.2% in 2016, in line with that of last year, but ... read more
During Thursday’s trading session on the London Stock Exchange (LSE), BLOM’s GDR shares lost 0.92% to settle at $10.80 after the trade of 29,481 shares worth $318,395. Bank Audi’s GDR shares maintained the ... read more
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