The board of Directors of BLOM Bank S.A.L convened on March 20th, 2015 and decided to call the shareholders of the Bank to hold the Annual General Assembly Meeting on Wednesday, April 15th, 2015 at 11.00 ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $66.57B in January 2015, 4.09% year-on-year (y-o-y) while maintaining the same amount of that of December ... read more
The Alpha Group’s balance sheet showed that the 12% annual rise in the value of loans to customers to $59.85B lifted total assets by a yearly 10% to $194.57B in 2014. Net provisions for credit losses ... read more
Demand on Lebanese Eurobonds increased on Friday, where the BLOM Bond Index (BBI) gained 0.13% to 106.68 points. The yields on the 5Y and 10Y Lebanese Eurobonds declined by 2 basis points (bps) each to ... read more
The Beirut Stock Exchange (BSE) started the week in the green with the BLOM Stock Index (BSI) ending the session with a 0.05% uptick to 1,229.99 points. The slight improvement was mainly due to the cross ... read more
E-commerce refers to the purchase and selling of goods and services online and also encompasses digital payments, a segment mastered by e-bay owned PayPal[1]. There are several types of e-commerce: ... read more
Bank Audi’s board of directors invited all holders of ordinary shares for an ordinary annual general assembly that will be held at the bank’s headquarters in Audi Plaza, Bab Idriss, and Beirut Commercial ... read more
After announcing its intention to redeem and cancel all of the issued Preferred Shares 2009 Series 1, First National Bank (FNB) executed the redemption on March 13, 2015 after holders of the mentioned ... read more
January 2015 revealed the lowest number of authorized construction permits since 2011. In fact, and according to figures released by the Orders of Engineers in Beirut and the North, construction permits ... read more
Despite the bearish trend that painted regional stock markets, the Beirut Stock Exchange (BSE) ended this week’s session in the green. For the fourth week in a row, the BLOM Stock Index (BSI) managed to ... read more
During the week ending March 5 2015, broad Money M3 increased by LP 512B ($339.68M), to reach LP 177,308B ($117.62B) with a 5.23% year-on-year growth and 0.1% year-to-date decrease. Furthermore, M1 ... read more
Demand for Eurobonds was subdued during the week as no significant political breakthroughs were witnessed. This was mirrored by the performance of the BLOM Bond Index (BBI) that slightly ticked down by a ... read more
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