Tag Archives: Blom Bank

Contraction of the Private Sector Economy Slackened in November; BLOM PMI inched up to 46.2

Despite the persisting declines in the levels of output and new work, contraction within the private sector economy soothed in November. Although employment levels kept on deteriorating, the rate at which businesses reduced their staff numbers was the slowest in nine months, which could have been partly behind the improving reading of BLOM PMI during

Mr. Saad Azhari receiving the award

BLOM BANK Receives the “Best Bank in Lebanon for 2017” Award from International Institution The Banker

BLOM BANK s.a.l – Headquarters – December 4, 2017: BLOM BANK won the “Best Bank in Lebanon for 2017” award from the international institution The Banker in a big ceremony held at the Hilton Bankside Hotel, London, on 29/11/2017. For the occasion, The Banker “commended BLOM BANK on its performance not only for the strong

From Left to Right Mr. Saad Azhari, Mr. Ahmad Al Achkar and Dr. Fadi Osseiran

WORLD’S PREMIER STARTUP PROGRAM CHOOSES LEBANON TO LAUNCH LARGEST SEED CAPITAL PRIZE IN THE MIDDLE EAST

BEIRUT, October 26, 2017 – BLOM BANK Chairman and General Manager Saad Azhari and BLOMINVEST BANK General Manager Dr. Fadi Osseiran announced today the launch of Hult Prize Lebanon at the 7th annual Lebanon CSR Forum under the patronage of Central Bank Governor H.E. Riad Salame.   In a historic initiative, Banque du Liban and

Private sector business conditions worsen in August: Lebanon’s BLOM PMI Steadied at 46.3

The deterioration of the operating environment in Lebanon’s private sector economy extended through the third quarter of 2017 as shown by Lebanon’s PMI released by Blominvest Bank. The PMI steadied at 46.3 in August, below the 50 mark separating economic contraction from economic expansion but also below the average of 46.9 registered so far in

Picture from the event

BLOM BANK and Beirut Traders Association Honor Top Merchants in The Beirut Traders Shopping Card Program.

BLOM BANK s.a.l. – Headquarters – May 8th, 2017: In collaboration with the Beirut Traders Association, BLOM BANK organized a special lunch at Sultan Ibrahim –Downtown to honor top merchants participating in the Beirut Traders Shopping Card Program, in presence of Mr. Saad Azhari – Chairman and General Manager of BLOM BANK, Mr. Nicolas Chammas

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