BLOM Bank has issued its financial statements regarding the ended year 2014.
The Bank’s earnings stood at $365.4 million in 2014, compared to $352.4 in 2013, growing by 3.7%.
Net interest income posted $564.9 million in 2014 against $528.3 in 2013, recording a rise by 6.9%.
In addition, the Bank’s net fee and commission income jumped by 18.2% to attain $144.5 million during 2014, according to ‘Lebanon Weekly Monitor’ report issued by Bank Audi.
The report noted that BLOM’s total operating expenses soared by 9.2% on annual basis, with a growth reaching $323.7 million in 2014.
It added that the Bank’s assets amounted to $28.0 billion by the end of 2014, recording a rise by 7.0% compared to the end of 2013.
