Abu Dhabi’s ADQ has signed a definitive agreement to acquire 96% of Odeabank, a Turkish subsidiary of Lebanon’s Bank Audi, as announced on October 15, 2024. The deal includes shares from Bank ... read more
On Friday October 25th, 2024, Lebanon was officially listed on the Paris-based Financial Action Task Force (FATF) Grey List for not implementing the required actions to combat money laundering and ... read more
25/10/2024 18/10/2024 % Change BLOM Stock Index 2,158.13 2,120.58 1.77% Average Traded Volume 35,746 6,368 461.34% Average Traded Value 554,838 601,648 -7.78% Market Cap 22,119,033,416 21,734,133,613 The ... 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
24/10/2024 17/10/2024 Change Year to Date BLOM Bond Index (BBI) 7.08 7.22 -1.94% 17.41% Weighted Yield 218.84% 209.09% 4.66% 149.19% Weighted Spread 21,426.49 20,451.60 4.77% 144.15% ... 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
This economic digest discusses the presentation by Mr. Pierre-Olivier Gourinchas, the Economic Counselor and the Director of Research of the IMF, for the World Economic Outlook. Mr. Gourinchas states that ... read more
Lebanon’s annual inflation rate fell to 32.92% in September 2024, from 35% in August 2024, recording its lowest level since March 2020, according to the Central Administration of Statistics (CAS). The ... 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
In this economic digest, we will discuss the path of M3 from June 2021 to September 2024. The formula of M3 is as well known: M3 = M2 + Deposits in Foreign Currency = Currency in Circulation + Demand ... read more
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