Tag Archives: Blom Bank

Operating conditions for Lebanon’s Private Sector Continue to Deteriorate: June 2019’s PMI Stays at 46.3

The June 2019 BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.3 in-line with May’s reading, mainly driven by output and new orders indices at less than 44. Meanwhile, economic growth remains subdued, hovering between 0% to 0.5%. Fiscal Dynamics: Deterioration The latest figures on Lebanon’s fiscal performance reflected a substantial $6.3B deficit in 2018.

The Lebanese Army and BLOM BANK launch the national mine risk education awareness campaign on mines

  BLOM BANK Headquarters, April 4, 2019 – Under the patronage and with the presence of the Army Commander, General Joseph Aoun, the Lebanon Mine Action Center affiliated with the Lebanese Army launched the national mine risk education (MRE) awareness campaign on mines, cluster munitions and unexploded ordnance; in partnership with BLOM BANK and in

BLOM Bank and Mastercard announce winners of 2019 ‘UEFA Champions League’ campaign

BLOM Bank s.a.l. – Headquarters – March 13 .2019: BLOM Bank and Mastercard, a leading technology company in the global payments industry, have announced the lucky winners of the 2019 ‘UEFA Champions League’ campaign aimed at promoting credit card transactions. The winners won all-expense-paid trips to experience the thrill of watching in person the 2018-19

Achieving students win USD 175K of scholarships and prizes in BLOM BANK’s “The A List” Competition

  BLOM BANK Headquarters, March 6, 2019 – BLOM BANK held ‘The A List’ Competition, as part of “BLOM shabeb” program’s activities which aim to offer support and guidance to the youth; the competition spanned over three days on the 2nd,3rd and 8th of February,. As the competition concluded, five students in their first year of

Financial Results of the Four Largest Listed Lebanese Banks in 2018: Reasonable Performance amid Continuing Political and Economic Instabilit

    Net Profit($ mn)           ROACE (%)         ROAA(%) Cost-to-Income (%) BLOM 510.42 16.49 1.47 35.30 Audi 500.55 14.00 1.10 48.05 BoB 210.19 13.08 1.13 43.37 Byblos 164.52 8.76 0.70 51.20   The un-audited financial results of the four largest listed Lebanese banks — BLOM, Audi, Byblos,

BLOM BANK Receives “The Best Corporate Social Responsibility Card in the Levant for 2018” Award

  BLOM BANK S.A.L. Head office- Beirut, November 30th, 2018: At a ceremony held on November 14th, 2018 at BLOM BANK Headquarters, Mr. Saad Azhari, Chairman and General Manager of BLOM BANK, received “The Best Corporate Social Responsibility Card in the Levant for 2018” award from Mr. Khalid Elgibali, Division President for the Middle East