by Asharq Al-Awsat | Jul 26, 2016 | Business
Beirut- Blom Bank, one of the biggest banks in Lebanon, revealed ongoing talks with the International British Bank HSBC to purchase its Lebanese business. Blom issued a statement on the topic saying that, “A binding agreement has not been reached yet; another...
by Youssef Diab | Jun 17, 2016 | Middle East
“Delicate transactions” were behind the bomb attack which targeted the headquarters of BLOM Bank in Beirut on June 12, sources told Asharq Al-Awsat. Well-informed sources told Asharq Al-Awsat that the explosion was linked to information obtained by BLOM regarding...
by Asharq Al-Awsat and Youssef Diab | Jun 14, 2016 | Middle East
Beirut-A Lebanese minister confirmed to Asharq Al-Awsat newspaper that the bombing which targeted BLOM Bank in Beirut on Sunday evening is “closely linked to the dispute between Lebanese banks and the so-called Hezbollah, which has criticized the performance of...
by Asharq Al-Awsat | Jun 13, 2016 | Middle East
Beirut-Lebanon’s banking sector received an intense warning when an explosion hit a Lebanese bank on Sunday evening. It was clear that the operation did not aim to cause fatalities, but rather to hit the banking sector currently in a bad relation with the...
by Asharq Al-Awsat English | Jun 12, 2016 | Middle East
An explosion hit central Beirut on Sunday evening, 6/12/2016, nearby Verdun branch of the Lebanese BlOM Bank, causing damage to the building. The place where the explosion happened is considered an upscale commercial and residential street in the area, a major...