The Lebanese Eurobonds market slightly weakened, where the BLOM Bond Index (BBI) dropped 0.03% to 108.10 points. The 5Y and 10Y Lebanese Eurobonds’ yield steadied at 5.18% and 6.22%, respectively. The 5Y ... read more
The Beirut Stock Exchange (BSE) improved on Monday, with the BLOM Stock Index (BSI) rising 0.23% to 1,163.46 points. The banking sector took a share of 82.32% of total traded value, where it is ... read more
In September, construction activity helped reverse the declining trend in construction area authorized by permits. The number of construction permits inched up 0.23% year-on-year (y-o-y) to 12,827 by ... read more
Total real estate transactions inched up by a yearly 4.06% during the first three quarters of 2014, to reach 51,901 transactions. Total value of property sales transactions surged by 10.49% year-on-year ... read more
MEVP is to close its Impact Fund, a venture capital fund that is valued at $50M. MEVP will use this fund, sponsored by Blominvest Bank and MedSecurities Investment, to invest in early and growth stages of ... read more
During the week ending October 2, 2014, broad Money M3 dropped by LP 312B ($206.80M), to reach LP 174,916B ($116.03B). M3 growth rate reached 6.91% year-on-year and 4.38% since year start. In contrast, M1 ... read more
Global Finance, the prestigious international financial institution awarded BLOM Bank “Best Bank in Lebanon for 2014” in a ceremony that occurred as a derivative of the Annual Meetings of the International ... read more
Bank Audi posted 7.12% year-on-year (y-o-y) increase in its net profit to $279.88M by end of September 2014. In details, the net interest income increased by 24.58% y–o-y to $585.98M while net fees ... read more
24/10/2014 17/10/2014 %Change YTD Euro / LP 1907.89 1934.88 -1.39% Euro / Dollar 1.2656 1.2835 -1.39% NEER Index** 139.60 138.62 0.71% 8.17% Demand for the dollar steadied over the ... read more
According to ARA Marketing Research and Consultancy, the Consumer Confidence Index (CCI) lost 15 points to stand at 62 points in September, recording a ten-month low. This decline was triggered by the ... read more
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