The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for 2015 reveal steady growth and Read More
At 16:03 Beirut time, the Euro was quoted at €/$ 1.0857, the equivalent of €/LBP 1,636.69, depreciating by 0.73% against the US Dollar. Although inflation in the Read More
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven Read More
BEMO Bank’s financial statements revealed a 19.63% year-on-year (y-o-y) surge in its net profits to $13.43M in 2015. Although net interest income and Read More
The Beirut Stock Exchange experienced strong activity today, as 1,403,920 shares worth $8,993,718 compared to 67,114 worth $562,161. The BLOM Stock Index (BSI) increased by 0.22% to 1,151.12 Read More
Three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Wednesday. In Read More
Demand for Lebanese Eurobonds augmented on Wednesday, as the BLOM Bond Index (BBI) recorded a 0.33% increase to 102.71 points. The yields on the 5Read More
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0920, the equivalent of €/LBP 1,646.19, appreciating by 0.27% against the US Dollar. Although the Fed assured Read More
With its initiative to regulate the micro finance sector in Lebanon, the BDL recently issued a set of regulations to control the Read More
Demand for Lebanese Eurobonds remained unchanged on Friday as the BLOM Bond Index (BBI) steadied at 102.43 points, recording a 1.62% decline since the Read More
