BLOM Bank published on 31/1/2022 its consolidated, but un-audited, financial results for year 2021. The results obtained were naturally affected by the impact of the financial and economic crisis that has ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 11.67%, year-to-date (y-t-d), to stand at $192B in September 2020.The decrease started by then will likely ... read more
The Lebanese economy has been struggling during the first 3 months of 2019 over a stagnating economy, uncertainty around the operating environment and growing geopolitical tensions in the region. The BLOM ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed an uprise of 10.35% year-to-date (y-t-d) to stand at $242.61B by October 2018. In details, deposits with BDL, constituting ... read more
The Central Bank’s (BDL’s) balance sheet posted a 19.05% year-to-date (y-t-d) increase in its total assets which stood at $140.78B by the end of November 2018. In details, BDL’s foreign assets ... read more
BLOM Bank published today its unaudited financial results for the first nine months of 2018. In a difficult environment characterized by a slowing economy and continuing political paralysis, BLOM Bank ... read more
The financial statements of the “Societe Libanaise des Ciments Blancs” revealed a plunge in the company’s profits from $4.45M by end 2017 to $2.22M by June 2018. In fact, net sales plummeted, going from ... read more
The Central Bank’s (BDL’s) balance sheet posted a 3.82% year-to-date (y-t-d) rise in its total assets, which reached $122.78B. BDL’s Foreign assets (grasping 35.46% of total assets) rose by a 3.36%, since ... read more
As per Bank of Beirut’s (BOB) consolidated income statement, BOB’s net income climbed by 6.42% year on year (y-o-y) to $198.62M in December 2016. The higher profit is mainly attributed to the 10.83% ... read more
Banque Du Liban’s (BDL) Balance Sheet revealed a 12.56% year-on-year (y-o-y) increase in assets to $102.3B by Dec.2016. BDL’s swap operation in July was mainly behind the 9.75% yearly uptick in the central ... read more
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