January 30, 2018 / 2:30 PM / 22 days ago

Blom Bank says 2017 net profit rose by 4.7 pct to $484.7 mln

BEIRUT, Jan 30 (Reuters) - Lebanon’s Blom Bank said on Tuesday its unaudited 2017 net profit rose by 4.7 percent to $484.7 million.

Blom Bank said assets climbed by 10.2 percent to stand at $32.5 billion at the end of the year. Deposits climbed by 7.4 percent to $26.6 billion, it said in a results statement. (Writing by Tom Perry, editing by Louise Heavens)

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