News

07 February 2018
BLOM BANK has conducted an assessment with V4 Advisors DMCC for its Greenhouse Gas emissions (GHG in tCO2e) and was consequently granted two certificates: the V4 Advisors for Greenhouse Gas Auditing and Reporting Certificate in compliance with GHG Protocol Corporate Standards and ISO 14064-1 as...
05 February 2018
BLOM PMI revealed its highest reading in nine months in January at 47.1, up from 46.1 in December, indicating a slower fall in overall business activity. Report (388 KB) Press Release  (640 KB)
05 February 2018
Notable Growth and Steady Profitability BLOM BANK announced today its un-audited financial results for the 2017 year. Despite a precarious economic and political environment in Lebanon and the region, BLOM BANK managed to record a notable performance. Net profit increased to $484.69 million, up...
01 February 2018
Steady Performance Despite the Political and Economic Troubles Still Facing Lebanon and the Region   Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM BANK ...
29 January 2018
Thanks to Visa, BLOM BANK is happy to announce its 2018 FIFA World Cup Russia™ campaign which offers BLOM Visa cardholders and BLOM Visa 2018 FIFA World Cup Russia™ branded cards, the opportunity to win a package for two persons to watch 2018 FIFA World Cup matches in Russia&t...
04 January 2018
Lebanon’s Purchasing Managers’ Index (PMI) ended the year with further contraction following the continuous instability on the Lebanese political scene and signaling a worsening activity within the private sector. The weakness of the PMI came on the back of lower new orders as well as...
02 January 2018
BLOM BANK concluded the first edition of the National Virtual Stock Exchange Competition on Saturday 16 December 2017 at BLOM BANK building in Zaitunay . The final ceremony was attended by Mr. Michel Chikhani, General Manager of BLOM Asset Management Company and Mrs. Maya Kadi, Deputy General...
12 December 2017
Teach for Lebanon held a full-day workshop on Saturday, December 9 at BLOM BANK premises in Zaitunay Bay, with the generous support of BLOM BANK who sponsored the event. As part of Teach for Lebanon’s “Spark with Us” fund, we provided a professional training and development day...
06 December 2017
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...
05 December 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...
09 November 2017
BLOMINVEST BANK, the multi-award winning investment bank in Lebanon and part of BLOM BANK Group, has launched BRITE, an innovative and free economic data and research portal in a conference held under the patronage and in the presence of Dr. Saad Andari, Second Deputy Governor of the Central Bank...
07 November 2017
HULT PRIZE LEBANON WILL AWARD USD250,000 TO A TEAM OF UNIVERSITY STUDENTS WHO CREATE THE NEXT BIG IMPACT ENTERPRISE 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...
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