During the two-week period ending June 25 2015, broad Money M3 increased by LP 55B ($36.25M), to reach LP 181,246B ($120.23B) with a 5.20% yearly growth and a 2.17% y-t-d uptick. In contrast, M1 went down ... read more
With the Greek referendum catching the spotlights this week, what was the opinion of Mr. Marwan Mikhael, Head of research department at BLOMINVEST Bank, regarding Greece voting “No” to the ... read more
According to Kafalat figures, the number of issued guarantees in the first half of 2015 (H1 2015) reached 292 down from 443 in H1 2014. The value of the issued Kafalat guarantees also declined by 26.53% ... read more
The use of online services in the field of banking, amongst others, is gradually gaining appeal in Lebanon. In an attempt to regulate this market, the Central Bank of Lebanon recently issued Intermediate ... read more
Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,505-1,509 with a mid-price of $/LP 1,507 to $/LP 1,507–1,511 ... read more
The BLOM Stock Index (BSI) witnessed frail activity over the week, coinciding with the ongoing Holy month of Ramadan coupled with some political turbulence, as riots took place next to the downtown area on ... read more
Check below a summary of the recently published assessment of Greece’s public debt released by the International Monetary Fund (IMF) as well as a link to the full article: At the last review in May ... read more
Demand for Lebanese Eurobonds showed a modest progress during the past week, where the BLOM Bond Index (BBI) went up by a weekly 0.08% to 107.20 points. In addition, yields on the 5Y and 10Y Lebanese notes ... read more
The Lebanese Bourse ended the week in the green, where the BLOM Stock Index (BSI) added 0.36% to 1,183 points. In the Banking sector, BLOM GDR shares, Audi GDR and preferred shares class “F” increased by ... read more
Demand for Lebanese Eurobonds retreated on Thursday, as the BLOM Bond Index (BBI) dropped 0.05% to 107.20 points. The yield on the 10Y Lebanese Eurobonds added 1 basis point (bp) to 6.06%, while that of ... read more
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