Blominvest maintains its HOLD rating on the Arab Bank stock, with a target price of JOD 6.11 per share. However, we expect some price volatility to be witnessed in the short term following the bank’s ... read more
With its initiative to regulate the micro finance sector in Lebanon, the BDL recently issued a set of regulations to control the credit operations performed by the small credit companies called “credit ... read more
The unconsolidated financial statements of Odeabank, Bank Audi’s Turkish subsidiary, posted $12.85M net profits up to September 2015, compared to a $3.85M loss in the same period of 2014. In fact, over the ... read more
BLOM Bank announced its financial results for the first three quarters of 2015. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles facing the country. ... read more
Byblos Bank’s net profits barely grew by 0.26% year-on-year (y-o-y) to $113.08M in the first three quarters (Q3) of 2015. Worth mentioning, that the Bank reported a strong adequacy ratio, which amounted to ... read more
According to the unaudited financial statements, HOLCIM recorded a net profit of $2.04 M in H1 2015 compared to $9.38M in H1 2014. Gross profit margin saw a yearly decrease from 30.73% in H1 2014 to 27.90% ... read more
BEMO Bank recorded a net profit of $3.14M in Q1 2015 compared to $2.73M over the same period in 2014. In details, interest expense increased by 4.24% year-on-year (y-o-y) to $10.90M, outpacing the annual ... read more
BEMO Bank recorded a 126.95% leap in net profits to $8.9M by September 2014, up from $3.94M during the same period last year. This leap is directly related to the 31.46% year-on-year (y-o-y) rise in Net ... read more
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