At 16:00 Beirut time, the Euro was quoted at €/$ 1.1558, the equivalent of €/LBP 1,742.37, appreciating by 0.25% against the US Dollar. The Euro rose against Read More
During the first quarter of 2016, real estate activity witnessed a positive performance as the total number of real estate transactions rose by 14.5% 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 Read More
by Dr. Ali Bolbol, Economic Adviser at BLOM group (PDF version available here: Macroeconomic Effects of the COLA and Salary Scale Adjustments Read More
The consolidated financial statements of Byblos Bank revealed a 3.05% year-on-year (y-o-y) increase in profits to $33.76M in the first quarter of 2016 (Q1 2016). Read More
According to its financial statements, BEMO Bank managed to post a 17.86% year-on-year (y-o-y) growth in its net profits to $3.70M in the Read More
According to BLC Bank’s income statement, net profits dropped 19.99% year-on-year to $9.24M in the first quarter (Q1) of 2016. Net interest income Read More
The Beirut Stock Exchange experienced a subdued weekly performance for the third week running, as the BLOM Stock Index stood at 1,154.42 points, Read More
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of Read More
Lebanese Eurobonds’ Market saw increased demandfor short-term maturities over the week, pushing the BLOM Bond Index (BBI) up 0.18% over the week to 103.78 Read More
