According to Lebanon’s Ministry of Finance (MoF), personnel costs rose by an annual 22.7% to reach $940M by Feb. 2018. In fact, the Read More
According to the Central Administration of Statistics (CAS), consumer prices rose by an annual 3.17% in the first month of 2019, compared to an Read More
According to the Association of Banks (ABL), the total value of cleared checks retreated by a yearly 16.71% to stand at $4.9B in Read More
Abstract The purpose of this study is to present the now-popular 1,274 page McKinsey report in an illustrative, user-friendly, and shorter version that Read More
The BLOM Stock Index (BSI) lost 1.28% to stand at 936.9points, on a very thin volume, by the week ending Feb.08th 2019, Read More
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/Read More
The total value of industrial exports added an annual 3.6% to reach $2.1B by October 2018, as per the Lebanese Ministry of Industry. In Read More
Economic Indicators
BLOM Bank’s Financial Results for 2018 Steady Profitability in Difficult Operating Conditions
BLOM Bank published today its unaudited financial results for 2018. In a difficult environment characterized by a slowing economy, higher taxes, and continuing Read More
BLC Bank Financial Highlights in 2018 (in $M) Dec-18 Dec-17 Y-o-Y Total Assets 5,895.37 5,867.19 0.48% Loans and Advances to Customers 1,607.47 1,600.56 0.43% Customers’ Accounts at Amortized Cost 3,908.05 3,919.21 Read More
2018: Byblos Bank’s Financial Highlights (in $ million) Dec-18 Dec-17 Y-o-Y Net Total Assets 25,000.60 22,661.50 10.32% Net Loans and Advances to Customers at Amortized Cost 5,426.67 5,434.82 Read More
