BLOM Bank SAL (Beirut Stock Exchange: BLOM)


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Business Description
BLOM Bank SAL is a Lebanon-based bank that provides retail, commercial, investment and private banking activities, insurance and brokerage services. The Bank operates in four business segments: the Retail banking segment provides a range of products and services, including deposits, housing loans, consumer loans, credit cards, funds transfers, foreign exchange and other branch related services to individual customers; the Corporate banking segment offers loans and other credit facilities, deposits and current accounts, trade finance and foreign exchange operations to corporate and institutional customers; the Treasury, money and capital markets segment is responsible for the liquidity management and market risk of the Bank, and managing the Bank’s portfolio of stocks, bonds and other financial instruments, and the Asset management and private banking segment provides investment products and services to institutional investors and intermediaries.