Blom Bank posts 5% rise in 2013 net income

February 3, 2014 9:17 am

Lebanese lender, Blom Bank has said its full-year net profit for 2013 grew 5% to $353m, despite the “difficult conditions in Lebanon,” The Daily Star has reported. Total assets climbed 4.3% to $26.15bn, while deposits grew 3.6% to $22.57bn. Loans to customers increased by 5.3% to $6.34bn, the bank said.