Home » LEBANON BRIEF » Issue October 2017 » Issue October 2017 - week 5
The activity at the Rafic Hariri International Airport continued its substantial growth as the total number of passengers rose by an annual 6.55% to stand at 6.4M in the first 9 months of the year. In ... read more
According to Ernest and Young’s Hotel Benchmark Survey, some regional hospitality markets dipped by Sept.2017, compared to the same period last year. However, four and five-star hotels mainly in Beirut and ... read more
BLOM Bank announced today its un-audited financial results for the first nine months of 2017. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles still ... read more
The consolidated financial statements of Bank Audi, in the first three quarters of 2017, witnessed a yearly rise of 24.64% in profits to $437M and “$341M excluding net profits came from the sale of the ... read more
The BLOM Stock Index (BSI) rose by a weekly 0.60% to 1,167.50 points this Friday, following the release of the listed banks’ financial results for the first nine months of the year. During the week an ... read more
Lebanese Forex Market Demand for the Lebanese Pound steadied over the past week on the Lebanese forex market with the value of the Lebanese Pound trading within the range of $/LP 1,513.75-1,514.25 with a ... read more
During the week of 12 – 19 October 2017, Broad Money (M3) declined by a weekly LBP 32B ($21M) to reach LBP 208,876B ($139B). Nonetheless, M3 grew by 7.50% on a year-on-year basis and a similar 4.94% ... read more
Over the past week, the BLOM Bond Index (BBI) gained an incremental 0.11%, to end the week at 102.38 points. However, the BBI was surpassed by the JP Morgan Emerging Markets’ Bond Index (EMBI) which rose ... read more
Contraction in the private sector’s economy accelerated in October as the BLOM PMI declined further to 45.8 points. The index remained below the neutral mark of 50, separating economic contraction from ... read more
Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM 356.93 16.93 1.55 34.37 Audi 341.39* 13.70 1.02 52.91 BoB 151.98 11.99 1.17 44.77 Byblos 114.53 8.41 0.71 53.20 * Does not include ... read more