According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 5.10% year-to-date (y-t-d), to stand at $262.20B by September 2019. In details, Resident customers’ deposits (which ... 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
On November 15th 2019 S&P issued a recent report in which it lowered its long-term credit ratings on Audi Bank, BLOM Bank, and Bank Med from “B-” to “CCC”. The credit agency also lowered its short-term ... 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 Banque du Liban (BDL), Lebanon’s Balance of Payments (BoP) registered a deficit of $4.5B in Q3 2019, compared to a deficit of $1.3B deficit recorded during the same period in 2018. In details, ... read more
Abstract The paper analyses two national indices, the BLOM Bond Index and BLOM Stock Index. Both indices generated by BLOMInvest Bank are used by international news agencies, to assess the performance of ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied during the past week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be ... read more
The BLOM Stock Index (BSI) recorded a weekly an uptick of 0.97% to 758.59 points by November 08, 2019. Regionally, the S&P Pan Arab Composite Large MidCap Index and the S&P AFE40 registered weekly ... read more
Lebanon’s BLOM Bond Index (BBI) compiled by BLOMInvest Bank recorded a weekly increase by 0.66% in the week ending November 08, 2019, to settle at 63.85 points. Meanwhile, JP Morgan Emerging Markets’ Bond ... read more
According to the Lebanese Ministry of Finance (MoF), Broad Money (M3) dropped by LBP 989B ($656M) in the week ending October. 10, 2019 to reach LBP 207,423B ($137.59B), thereby recording a yearly downtick ... read more
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