Lebanese local currency has lost nearly 85 percent of its value over the past one year and months amid the critical economic and financial crisis that has threatened to disrupt the country. Moreover, the ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.0 in June 2018 compared to 46.4 in May 2018. In fact, Lebanese private sector businesses have been citing local and regional political ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.2 in April 2018, its lowest level of the year so far. The index was weighed down by a faster deterioration in the levels of output and ... read more
Despite the political breakthroughs witnessed at the end of the year 2016 with the election of a Lebanese President, Michel Aoun, and the formation of the government, the real estate sector’s performance ... read more
The word on the street has it that times are tough on the Lebanese real estate market. However, opinions vary as to how bad things are: some ponder the idea of a crash while others simply acknowledge ... read more
Economic activity within the Lebanese private sector remained firmly in contraction area in May, as revealed by Lebanon’s Purchasing Managers’ Index (PMI), released by BLOMINVEST Bank and compiled by ... read more
After sponsoring the Purchasing Managers’ Index (PMI) in Lebanon, the leading economic indicator measuring the private sector’s activity, BLOMINVEST Bank continues to invest in economic ... read more
The board of Directors of BLOM Bank S.A.L convened on March 18th, 2016 and recommended to the General Assembly. The General Assembly will be held on the 14th of April, 2016 at 10:00 am in Beirut, Lebanon ... read more
Contraction in the private sector’s economy eased to its most marginal level in November, with BLOM PMI recording very close to the neutral mark of 50 points separating economic contraction from growth. ... read more
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