Check out the latest presentation prepared by the Research department of BLOMINVEST Bank on Egypt’s macroeconomic outlook : Egypt’s Macroeconomic Outlook read more
A version of this article appeared in the print edition of The Daily Star on March 16, 2017, on page 4. Shortly after major political breakthroughs materialized by the end of 2016, all eyes turned on the ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market stabilized at $/LP 1,514.25 within the range $/LP 1,514 – 1,514.5. Foreign assets (excluding gold) at the Central Bank reached ... read more
The BLOM Stock Index (BSI) ended the week with a 0.30% to 1,220.20 points uptick on account of the positive performance of banking and industrial stocks. All of the BSI’s regional peers ended the week on a ... read more
Arqaam Capital issued a buy rating on BLOM Bank with a fair value of $16.6 per share. You can download the full report below: Arqaam Capital – BLOM Q4 16 Earnings Call read more
BLOM PMI rose again in the first month of 2017, reflecting the slowest pace in economic contraction seen in a year. “This is good news, albeit the BLOM Lebanon PMI is taking its time to reach 50 and above. ... read more
According to Byblos Bank’s Consolidated Income Statement as at 31 December 2016, the bank registered a profit of $165.30M in 2016 compared to $161.48M in 2015. Net interest income and net fees and ... read more
Following several years of economic slowdown, the political breakthroughs that took place by the end of 2016 bolstered optimism regarding the coming year and potential prospects of easing the strains on ... read more
During the month of December, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since February, with the index standing at 47.0 points, still below the neutral mark of 50 points ... read more
During the week ending December 15, Broad Money M3 rose by a weekly LBP 753B ($502M) to reach LBP 195,935B ($131B). As such, M3 recorded a 6.06% annual increase and a 5.88% rise since the start of the ... read more
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