Lebanon's Blom bank reports 15 per cent rise in profit

24 October 2010

Assets rose 10 per cent to $22.1bn

Lebanese lender Blom Bank has posted a 15 per cent rise in net profit for the first nine months of the year to $235.8m compared with the same period a year ago, Reuters has reported. Assets for the first nine months of 2010 rose 10 per cent to $22.1bn from the same period last year and deposits rose 10.6 per cent to $19.2bn, the bank said in a statement.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications