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Blom Bank posts 1.9% rise in H1 profit

: Thursday, July 31 - 2014 @ 08:29

Lebanese lender, Blom Bank has reported a 1.9% rise in its net profit for the first half of 2014 to $179.2m, compared with $175.6m in the same period a year ago, Gulf Times has reported. The bank said assets increased to stand at $27.4bn, 7.7% higher than at the same time a year ago, and customers’ deposits rose to $23.5bn, a 6% increase.

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Thursday, July 31- 2014 @ 8:29 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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