Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved economic growth, and higher deposit inflows in the ... read more
Find below the speech of Mr. Marwan Mikhael, Head of Research at BLOMINVEST BANK, at the “De-Risking & Sanctions: From Awareness to Aversion Role of Financial Regulator and Banks” conference, under the ... read more
Advancements in digital technology have changed customary approaches of performing tasks. The world has undergone a fundamental transformation through the expansion of the internet. The banking sector is ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
Following the heightening pressure on Lebanon from international entities, the Lebanese parliament finally convened last week and held its first legislative session in a year to approve several financial ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Wednesday. In details, 6,000 GDRs of BLOM changed hands at $9.60, increasing by ... read more
The Beirut Stock Exchange managed to end in the green on Wednesday as 5 out of the 6 traded stocks closed at higher prices. Accordingly, The BLOM Stock Index (BSI) gained 0.58% to 1,116.20 points following ... read more
The Lebanese Bourse saw positive momentum as six of the ten traded stocks ended in the green while the remaining traded with no change in price. In details, the BLOM Stock Index (BSI) increased by 0.42% to ... read more
The Lebanese Bourse started the week with a minor decrease as the BLOM Stock Index (BSI) edged down by 0.05% to close at 1,224.22 points. Despite the fact that 5 out of the 7 traded stocks experienced ... read more
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