BLOM Bank SAL

Type: Company
Name: BLOM Bank SAL (Blom Bank SAL)
Nationality: Lebanon
Web Address: http://www.blom.com.lb/english
Fact Sheet: Fact Sheet for BLOM Bank SAL
First reported Apr 20 2014 - Updated Apr 20 2014 - 2 reports

Restoring confidence: Can S&P bank upgrade help Lebanon's economy?

International rating agency ’s has raised its outlook for , just a week after upgrading the outlook of Lebanon from negative to stable.“At the same time, we affirmed our ‘B-’ long-term counterparty credit ratings on all three banks. We also affirmed our ... [Published Albawaba - Apr 20 2014]
First reported Apr 19 2014 - Updated Apr 19 2014 - 1 reports

Blom ASA : S&P raises outlook of Lebanese banks

BEIRUT : International rating agency Standard & Poor's has raised its outlook for Lebanon -based Bank Audi , BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable."At the same time, we ... [Published 4 Traders - Apr 19 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

Outlooks on three Lebanese banks revised to stable following sovereign outlook revision

, Standard & Poor's Ratings Services revised the outlooks on Lebanon-based Bank Audi SAL–Audi Saradar Group, BankMed s.a.l., and Blom Bank sal to stable from negative.At the same time, we affirmed our 'B-' long-term counterparty credit ratings on all ... [Published Business Intelligence Middle East - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Middle Eastern risk managers striving for independence

By Nicholas Pratt, DubaiEmail AuthorRisk managers at Middle East financial institutions are increasingly able to assert their independence thanks to better awareness of corporate governance. The relationship between board members and risk managers was ... [Published Commercial Risk Europe - Apr 17 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

Risk management to play stronger role in business planning for financial institutions

“Ultimately, financial institutions are in the business of taking risk – wisely and appropriately, over long periods of time. A riskless financial institution is the one that is out of business." Dr Jan Rosenzweig, Quantitative Lead for the Professional ... [Published CPI Financial - Apr 03 2014]
First reported Mar 11 2014 - Updated Mar 11 2014 - 1 reports

Lebanon: A national nature reserve is cleared of land mines

Source: DanChurchAidCountry: Lebanon DanChurchAid is clearing an important natural environment of land mines under the supervision of Lebanon Mine Action Center and funded by the local BLOM bank It isn’t every day that two buses full of school children ... [Published ReliefWeb - Latest Updates - Mar 11 2014]
First reported Mar 01 2014 - Updated Mar 01 2014 - 1 reports

Blom Saudi fund nets solid returns

Blominvest Saudi Arabia, the investment arm of Blom Bank Group in the kingdom , has announced the liquidation of its real estate fund with a 14.44 per cent total return.BlomInvest Saudi has managed, in no more than seven months, to finalize the liquidation ... [Published Trade Arabia - Mar 01 2014]
First reported Jan 27 2014 - Updated Jan 27 2014 - 1 reports

Lebanon's shot at utopia

Understanding the shortcomings of Lebanon in the race for Mediterranean oil wealth. Just like Brazil, bad timing might cut the country’s dreams short. 2007 - the future looks bright for Brazil. Petrobras, a semi public Brazilian multinational energy ... [Published open Democracy News Analysis - - Jan 27 2014]

Quotes

"The stable outlook on the sovereign reflects our view that deposit inflows to the financial system will enable the government to meet its financing needs over the coming year despite the difficult internal and external political environment. Owing to the close links between Lebanese banks' creditworthiness and that of the sovereign, specific factors relating to each of the three banks that would prompt a change in the respective ratings appear limited at this stage" S&P said
The outlook revisions follow our revision of the outlook on Lebanon on April 11, 2014 (see "Lebanon Outlook Revised To Stable On Strength Of Financial System And Steady Deposit Inflows; Ratings Affirmed" published on RatingsDirect)...
However, said Mr Al Sharif, risk managers need to assert themselves within their respective businesses and this is best achieved through language. "Risk and business should speak the same language. It is not easy but there should be agreed terms and acronyms to help. Risk managers often wait for a crisis to speak out. That is not right. There are quantitative risk managers that use jargon. Risk should be the first line of business and to have risk and business against each other is counter-productive. Risk managers should be the fuel to take more risk. They should not be waiting for regulation to give them more support" he said
...Nourah Bint Abdulrahman University and Imam Muhammad Bin Saud Islamic University and for also being near to King Khaled International airport. "Moreover, the project is located in an area of medium population density and urban extension to the neighboring residential districts, besides to being close to Al-Thumama district which represents a recreational outlet for the city of Riyadh" he added.-TradeArabia News Service

More Content

All (11) | News (9) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Restoring confidence: Can S&P bank upgrade help... [Published Albawaba - Apr 20 2014]
Outlooks on three Lebanese banks revised to sta... [Published CPI Financial - Apr 20 2014]
Blom ASA : S&P raises outlook of Lebanese banks [Published 4 Traders - Apr 19 2014]
Outlooks on three Lebanese banks revised to sta... [Published Business Intelligence Middle East - Apr 17 2014]
Outlooks On Three Lebanese Banks Revised To Sta... [Published Zawya.com - Apr 17 2014]
Middle Eastern risk managers striving for indep... [Published Commercial Risk Europe - Apr 17 2014]
Risk management to play stronger role in busine... [Published CPI Financial - Apr 03 2014]
Lebanon: A national nature reserve is cleared o... [Published ReliefWeb - Latest Updates - Mar 11 2014]
Blom Saudi fund nets solid returns [Published Trade Arabia - Mar 01 2014]
Lebanon's shot at utopia [Published open Democracy News Analysis - - Jan 27 2014]
Fact Sheet for BLOM Bank SAL [Published Able2Act - Mar 18 2008]
1
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Lebanon: A national nature reserve is cleared o... [Published ReliefWeb - Latest Updates - Mar 11 2014]
Source: DanChurchAidCountry: Lebanon DanChurchAid is clearing an important natural environment of land mines under the supervision of Lebanon Mine Action Center and funded by the local BLOM bank It isn’t every day that two buses full of school children ...
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.