For the month of February 2022, Lebanon experienced a steady appreciation the exchange rate in the parallel market to an average of LBP/USD 21,900. This was accompanied by the approval of a preliminary ... read more
BLOM Bank published on 30/10/2021 its un-audited, consolidated financial results for Q3 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
BLOM Bank published today, 29/4/2021, its un-audited consolidated financial results for Q1 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the second quarter of 2016. As a result, the Bank’s financial statements revealed an uprise in its net profits from $6.93M in H1 2015 to ... read more
According to BLC Bank’s income statement, the bank’s consolidated net income reached $19.5M in June 2016, 16% lower than the same period last year. This fall can be justified by the booking of additional ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for the first three quarters of 2015 reveal steady profitability and growth, despite ... read more
Bank of Beirut (BoB) ended Q1 2015 with a net profit of $40.55M, representing a 10.23% rise from the same period last year. This increase was primarily driven by the 16.45% y-o-y surge in net interest ... read more
BLC Bank’s board of directors invited its shareholders for an ordinary general assembly that will be held at the bank’s headquarters on May 12, 2015 at 12 pm. The meeting’s agenda will include hearings of ... 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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