Bloomberg News

Blom Bank Posts Nine-Month Net Profit of $236.6 Million

October 26, 2011

Oct. 26 (Bloomberg) -- Blom Bank SAL, a Lebanese lender, said profit rose in the first nine months of the year to $236.6 million. It didn’t provide a comparable figure for the same period a year earlier.

The bank’s assets grew 6 percent to $23.38 billion in the first nine months from the same period last year, while deposits increased 5.62 percent to $20.3 billion in the same period, the bank said today in an e-mailed statement.

--Editors: Heather Langan, Digby Lidstone

To contact the reporter on this story: Massoud A. Derhally in Beirut, Lebanon at mderhally@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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