Lebanon’s Blom Bank said yesterday its net profit for the first half of 2014 increased to $179.2mn from a previously stated $175.6mn in 2013, a 1.9% increase. In a brief statement, Blom 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 6.0% increase.
