According to a released statement by Midclear, Cedrus Invest Bank increased its capital through the issuance of new ordinary shares. The bank increased its capital from LBP 138,309,707,250 ($91.75M) to LBP ... read more
During the week ending March 2, Broad Money M3 increased by a weekly LBP651B ($432M) to reach LBP 201,456B ($133B). Moreover, M3 recorded a 8.16% annual increase and a 1.21% rise since the start of 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 at 1,227.67 points, 0.04% down compared to last week’s 1,228.19. The average traded volume and value were also down by a weekly 31.61% and 30.47% to reach 51,650 ... read more
The BLOM Bond Index (BBI) increased by a weekly 0.70% to reach 104.90 points; nonetheless, it lagged behind the JP Morgan Emerging Markets’ Bond Index which registered a weekly rise of 0.71% to 761.22 ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to the statement of income of Bank Audi’s Egyptian subsidiary, net profit for the year 2016 rose from $32.28M in 2015 to $103.71M in 2016. Net interest income and net income from fees and ... read more
Check out the latest presentation prepared by the Research department of BLOMINVEST Bank on Lebanon’s macroeconomic outlook : Lebanon’s Macroeconomic Outlook read more
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
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