Investor Presentation 2018
1. Introduction
2. Financial Overview
3. Business Overview
4. BLOM’s Shares
5. Appendix
BLOM Bank at a glance 2018
Most Awarded Local Bank by Prominent International Sources
Assets 36,745 32,544 29,518
Equity 3,268 3,005 2,932
Deposits 27,220 26,642 24,811
Loans 7,163 7,538 7,164
($M) 2018 2017 2016
91
137
90
136
Net Income 510.42 485.27 462.83
63.49% 61.91%
Key Finance Highlights
Bank of NEWYORK*
34.37%
Banorabe S.A SPF** 18.45%
Actionnaires Unis 1.83%
Azhari Family 7.53%
Chaker Family 4.82%
Jaroudi Family 2.17%
Saade Family 2.55%
Khoury Family 1.89%
Rest of Shareholders
26.39%
BLOM Bank Shareholders
Loans/ deposit (%) 26.32 28.30 28.88
Cost / Income (%) 35.35 34.36 35.90
ROAA (%) 1.47 1.56 1.58
ROAE (%) 16.49 17.20 17.09
Gross NPL Ratio (%) 4.49 3.13 4.19
Overview of BLOM Bank
• BLOM is the most profitable bank in Lebanon in terms of Net Income
• BLOM Bank is the 2nd largest bank in the country in terms of assets with a workforce of +5,000 employee
• Established in 1951 and headquartered in Lebanon, the Bank and its subsidiaries have 91 branches across Lebanon and 137 branches overseas.
• Universal Banking Services
– Traditional banking products and services
– Broad spectrum of corporate lending and Islamic finance
– Brokerage and custody services
• The bank’s shares are listed on the Beirut Stock Exchange (since 2008) and Luxembourg Stock Exchange (since 2006). Out of the total common shares, 34.37% are listed as Global Depository Receipts (GDRs) in the LuxSE and traded on the London Stock Exchange
1/ 17
Employees 5,078 5,085 4,673
• Starting 1998, and after the issuance of Global Depository Receipts (GDR) by BLOM Bank Shareholders, the Bank of New York as Depository, became shareholder on the Bank’s register** The major shareholders of Banorabe S.A. SPF (formerly Banorabe Holding S.A.) are almost the same family as in BLOM Bank (except Bank of New York)
BLOM Bank offers an International Banking Platform 2018
2/ 17
• The most profitable local bank with consolidated net profits of US$510M in 2018
• Strong Capitalization (CAR of 18.92% as of December 2018)
• Liquid Balance sheet
• Net Loans to Net Deposits ratio at 26.32% as of December 2018
Solid and Consistent
Financial Track Record
• Strong Management team with extensive experience and good reputation
• Professional Board of Directors with 7 independent members
• Reputable shareholders with Bank of New York acting as the Depository bank (for the bank’s GRDs) since 1998Experienced
Management
• Listed on Luxembourg Stock Exchange and Beirut Stock Exchange
• Internationally rated: Caa1 (Moody’s), B- (Standard & Poor’s) & B (Capital Intelligence)
• Highest Corporate Governance Score in Lebanon by Capital Concept s.a.l.
• Most awarded Local Bank by Prominent International Sources: The Banker, Euromoney, Global Finance, Global Investor.
Internationally
and Locally
Renowned Bank
Resilient
Macro Environment
• Banking sector’s solid reputation being one of the country’s most valuable assets
• Diversified economy, rich in human capital – 94% literacy rate
• One of the oldest and most comprehensive legal/institutional frameworks among emerging market countries
3/ 17
Key Highlights 2018
Diversified Operations
• Universal Banking Services: Traditional banking products and services, broad spectrum of corporate lending and Islamic
finance, brokerage and custody services
• Geographic presence throughout MENA & Europe: Lebanon, Jordan, Egypt, UAE, KSA, Qatar, Iraq, UK, France,
Switzerland, Romania, Cyprus
• Approximately 38% of the Bank’s Net Loans and Advances to Customers are granted to customers outside Lebanon as of
December 2018
One of the Oldest and
Largest Local Banks
• Founded in 1951: one of the oldest local banks
• 3rd largest branch network
• Top-tier bank in Lebanon with a large and loyal customer base
BLOM Bank Strategy 2018
• Diversify the Bank’s income by taking advantage of economic and business opportunities present in
regional economies
• Increase share of its overseas operations in terms of business volume and profits, currently
at 13.73% in terms of profits
• Currently present in the form of branches, subsidiaries or representative offices in the following countries: Egypt,
Jordan, UAE, KSA, Qatar, Iraq, Switzerland, UK, France, Romania, Cyprus
Overseas Market
• Ranks #1 in Lebanon, in terms of Income generated from Lebanon business, reaching US$419 million and US$440
million as of December 2017 and December 2018 respectively
• Prudently increase the number of branches through both organic growth and the acquisition of smaller banks
• Acquired the assets and liabilities of HSBC Lebanon in June 2017
Lebanese Market
• Focus on the bank’s digital outreach
• Increase online services by providing a technology-oriented and safe banking environment
• Currently offers a range of e-banking and other services, including internet banking, live video chat,
and BLOM e-cash
Digital Expansion
The Bank’s primary objectives are to maintain its lead position among Lebanese banks, while diversifying its business and expanding cautiously
Business Activities
• Diversify its business activities to become a universal banking model
• Expand the operations of BLOM’s investment banking arm by enhancing its private and investment banking and capital
market activities
• Highly liquid with a potential upside to further increase exposure to Corporates and SMEs
• Established an asset management company in 2017
4/ 17
Corporate Governance 2018
BLOM Bank applies international Compliance and AML standards and strives to abide by international corporate governance practices.
Board of Directors
Audit Committee
RiskManagement
Committee
Consulting, Strategy and
Corporate Governance Committee
Nomination and Remuneration
Committee
Compliance Committee
8 Independent Board
members *6 Board Committees
28 Management Committees
5/ 17
Fintech Committee
BLOM Bank SAL was the first bank in Lebanon to sign the Investors for Governance and Integrity (IGI) Declaration.
* The Board of Directors of BLOM Bank SAL includes 11 members: 8 independent members and 3 executive members
1. Introduction
2. Financial Overview
3. Business Overview
4. BLOM’s Shares
5. Appendix
Earnings Breakdown by CountryEarnings Growth ($M)[Net Income $510.4M; 5.18% YoY; 2010-2018 CAGR 5.6%]
Income Statement ($M)
330.6 331.5 335.9352.4 364.8
404.3
462.8 485.3510.4
2010 2011 2012 2013 2014 2015 2016 2017 2018
($M) 2018 % Total %YoY 2017 2016 2015 2014
Earnings 2018
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Earnings Breakdown by Business Segments HI 2018
Banking 40.6%
Asset Management and Private Banking
3.0%
Treasury, Money and Capital
Markets 55.4%
Insurance 0.9%
$243.8M
Lebanon 440.36 86.27 5.14 418.82 360.39 298.33 286.50
Qatar 1.57 0.31 53.92 1.02 1.17 2.42 (4.77)
Egypt 37.40 7.33 24.87 29.95 53.23 43.34 33.14
Jordan 11.39 2.23 (9.53) 12.59 15.17 17.79 16.46
UAE 11.78 2.31 21.57 9.69 10.76 7.41 6.68
KSA 2.04 0.40 (8.52) 2.23 6.34 7.22 6.81
Iraq 0.00 0.00 (100.00) (1.18) 4.03 (9.27) (2.39)
Europe 5.88 1.15 (51.60) 12.15 11.74 12.94 9.32
Net interest income 842.74 Net Fees and commission income 142.09 Net gain (loss) on financial assets & liabilities designated at fair value through profit & loss 22.43 Net gain (loss) on financial operations (2.94)Other operating income 23.28 Total operating income 1,027.60 Credit loss expense (12.41)Net operating income 1,015.19 Personnel charges (231.07)General and other operating expenses (126.96)Depreciation of tangible fixed assets (24.98)Amortization of intangible fixed assets (1.25)Total operating expenses (384.26)Net operating profit 630.93 Net profit (loss) from sale or disposal of other assets (0.84)Net profit before taxes 630.09 Income tax (119.67)Net profit 510.42
Assets 2018
Asset Growth[$36.7Bn; 12.9% YoY; 2.9% QoQ; 2010-2018 CAGR 6.4%]
Breakdown of Assets by Country
($M) 2018 % Total % YoY 2017 2016 2015 2014
Breakdown of Assets by Uses Breakdown of Assets by Funding
($M) 2018 % Total % YoY 2017 2016 2015 2014
Deposits 27,220 74.08 25.77 21,642 24,811 25,091 24,006
Interbank 574 1.56 49.48 384 392 323 425
Equity 3,268 8.90 8.75 3,005 2,932 2,721 2.523
Central Bank 4,738 12.89 215.66 1,501 346 305 255
Others 945 2.57 (6.62) 1,012 1,037 659 766
22.34 23.1725.05
26.1527.98
29.10 29.52
32.54
36.75
2010 2011 2012 2013 2014 2015 2016 2017 2018
Cash & Central Bank 63.2%
Interbank 4.3%
Government Securities 8.5%
Corporate Securities 2.1%
Loans & Advances to
customers 19.5%
Other Assets 2.4%
$36.7Bn
7/ 17
Lebanon 30,394 82.72 14.71 26,496 23,999 22,402 21,612
Qatar 88 0.24 (16.19) 105 94 89 120
Egypt 2,195 5.98 12.51 1,951 1,519 2,527 2,093
Jordan 1,003 2.73 (4.20) 1,047 1,082 1,106 1,102
UAE 1,027 2.79 4.69 981 829 729 727
KSA 97 0.26 4.30 93 105 109 100
Iraq 74 0.20 (13.95) 86 76 55 27
Europe 1,867 5.08 4.59 1,785 1,813 1,811 1,820
Equity 2018
Equity Growth[$3.27Bn; 8.8% YoY ; 3.8% QoQ; 2010-2018 CAGR 7.13%]
Shareholder’s Equity by Country
($M) 2018 % Total % YoY 2017 2016 2015 2014
Capital Adequacy Ratios (%)
1.891.98
2.182.35
2.52
2.72
2.93 3.01
3.27
2010 2011 2012 2013 2014 2015 2016 2017 2018
16.0717.52
17.72 17.4417.5418.97
17.73 17.4517.64
19.8518.14 17.85
2015 2016 2017 QIII 2018
Common Tier 1 CAR Tier 1 CAR Total CAR
Shareholders Equity Book Value Calculation
Shareholders’ Equity 3,268 3,005 2,932 2,721 2,523
($M) 2018 2017 2016 2015 2014
Less:
Minority Interest 52 51 49 71 66
Tier II 9 10 10 10 11
Shareholders Equity for 3,207 2,944 2,659 2,427 2,232 Book Value Calculation
8/ 17
Lebanon 2,315 70.84 9.20 2,120 2,164 1,821 1,662
KSA 86 2.63 2.38 84 83 77 71
Egypt 204 6.25 24.39 164 116 241 217
Jordan 136 4.16 2.26 133 128 122 113
UAE 144 4.41 11.63 129 129 128 124
Iraq 54 1.65 10.20 49 29 5 12
Europe 288 8.81 1.05 285 243 241 240
Qatar 41 1.25 0.00 41 40 39 36
Bookvalue Per Share 14.97 13.73 12.43 12.05 10.94
Dividends on Preferred 0 0 14 14 14Shares
Preferred Shares 0 0 200 200 200
Deposits 2018
Deposit Growth
19.61 20.3021.79 22.57
24.0125.09 24.81
26.64 27.22
2010 2011 2012 2013 2014 2015 2016 2017 2018
[$27.22Bn; 2.2 % YoY ; 0.45% QoQ; 2010-2018 CAGR 4.18%]
Total Deposits by Currency QIII 2018
Deposits Breakdown by Country
($M) 2018 % Total % YoY 2017 2016 2015 2014
Deposits by Type of Client**
Corporate 15.0%
HNW 35.1%
Individuals 49.9%
$27.2Bn*
** Individuals < $1M ; HNW >$1M
* Excluding BLOM Euro CD’s of $303M
9/ 17
Lebanon 22,318 81.99 2.01 21,878 20,597 19,868 19,047
Qatar 10 0.04 (50.00) 20 7 6 40
Egypt 1,926 7.07 12.57 1,711 1,327 2,160 1,776
Jordan 802 2.95 (4.64) 841 875 921 905
UAE 777 2.85 4.44 744 637 554 526
Iraq 49 0.18 53.13 32 39 33 7
Europe 1,338 4.92 (5.51) 1,416 1,329 1,295 1,343
LBP 23.49%
USD 58.70%
EURO 6.38%
GBP 1.22%
EGP 5.20%Others 5.01%
$27.1Bn
1. Introduction
2. Financial Overview
3. Business Overview
4. BLOM’s Shares
5. Appendix
Overview of BLOM Bank’s Business Segments 2018
BLOM Bank offers a full array of Universal Banking Services
Commercial Banking
Corporate Banking
Retail Banking
Islamic Banking
Investment Banking
Private Banking
Brokerage
Asset Management
Insurance
Lebanon, Egypt, UAE, Jordan, Iraq, Qatar, Europe
Lebanon, Egypt, UAE, Jordan, Iraq, Qatar, Europe
Lebanon, Egypt, Jordan
Lebanon
Lebanon, KSA
Lebanon, Switzerland
Lebanon, Egypt, Jordan
Lebanon, Egypt, KSA
Lebanon, Egypt
10/ 17
Sovereign Exposure[$26.1B]
Central Bank 23.0 17.5 13.6 11.5
Government Securities 3.1 3.3 4.3 5.2
($B) 2018 2017 2016 2015
Corporate Securities[Bonds 73.4% ; Equities 17.4% ; Funds 9.2%]
BDL 21.2 16.3 12.5 10.3
in LBP 9.0 6.2 5.6 4.6
in FC 12.2 10.1 6.9 5.7
Other 1.8 1.2 1.1 1.2
Domestic Exposure 2.7 2.9 2.9 3.6
FC Exposure 0.4 0.4 1.4 1.7
Assets Utilization 2018
Regional 37.7%
International 62.3%
$783 M
11/ 17
Commercial Loans *
Corporate Loans 1,708 1,807 1,690 1,632
($M) 2018 2017 2016 2015
SME’s Loans 1,505 1,504 1,411 1,409
Real Estate 764 793 910 1,018
Others 140 200 178 200
Total 4,117 4,304 4,189 4,259
Retail Loans
Housing 1,918 1,798 26 94
($M) 2018 Lebanon Egypt Jordan
Car 549 287 62 200
Personal 373 244 60 69
Cards 171 143 3 25
Total 3,011 2,472 151 388
* Excluding related parties loans & insurance receivables
Loans 2018
5,1785,591
6,0286,345
6,9107,196 7,164
7,5387,163
2010 2011 2012 2013 2014 2015 2016 2017 2018
Net Lending Growth ($M)[$7.16Bn; (4.97%) YoY; (2.05)% QoQ; Loan to Deposit 26.32%]
Breakdown of Lending by Country
($M) 2018 % Total % YoY 2017 2016 2015 2014
12/ 17
Breakdown of Lending by Currency (QIII 2018)
LBP 23.1%
USD 54.0%
EURO 2.9%
GBP 0.9%
JOD 6.8%
EGP 7.4% Others 4.9%
$7.31Bn
Lebanon 4,889 68.25 (10.00) 5,432 5,277 5,165 5,054
Qatar 77 1.07 (19.79) 96 92 86 93
Egypt 720 10.06 11.63 645 470 721 582
Jordan 529 7.39 1.15 523 512 507 456
UAE 508 7.09 17.05 434 359 294 287
Iraq 8 0.11 0 8 10 12 1
Europe 432 6.03 8.00 400 444 411 417
2.3% 2.3%
2.2%
2.1%
2.1%
2.2%
2.3% 2.3%
2.4%
2010 2011 2012 2013 2014 2015 2016 2017 2018
Net Interest Margin[Net Interest Income $842.7M; 14.25% YoY; 2010-2018 CAGR 5.9%]
Retail Lending 2018
13/ 17
Credit Cards 5.68%
Car Loans 18.23%
Housing Loans 63.70%
Personal Loans 12.39%
$3.01Bn
Retail Loans Distribution by Product
Breakdown of Retail Lending by Country
($M) 2018 % Total % YoY 2017 2016 2015 2014
Lebanon 2,472 82.1 (7.4) 2,670 2,398 2,309 2,188
Egypt 151 5.0 12.69 134 113 205 143
Jordan 388 12.9 (2.27) 397 393 390 359
LBP 48.6%FC 51.4%
$3.01Bn
Retail Loans Distribution by Currency
Total 3,011 100 (5.94) 3,201 2,904 2,904 2,690
1,558
1,840
2,099
2,414
2,690
2,904 2,904
3,2013,011
2010 2011 2012 2013 2014 2015 2016 2017 2018
Retail Lending Growth ($M)[(5.94 %) YoY]
Asset Quality/ Provisioning 2018
Balance sheet Provisions ($M)
* Specific Provisions & Real Guarantees ** Including unrealized interest 14/ 17
Net P&L Provisions [(2.05%) YoY] ; NPLs Coverage Ratios (%)
(%) 2018 Coverage 2017 2016 2015 2014
Asset Quality ; Coverage Ratio *
16.51
39.26
105.06
69.80
41.27
16.8
82.10
12.67 12.41
2.69%
3.20%
5.44%
4.89%
4.44% 4.40%
4.19%
3.13%
4.49%
2010 2011 2012 2013 2014 2015 2016 2017 2018
Net P&L Provisions ($M) Gross Non-Performing/Gross Loans
142.00
121.00125.25
134.53 130.59140.10
128.42143.00
68.5461.62
74.7063.66 64.81
89.9483.91 76.56
2011 2012 2013 2014 2015 2016 2017 2018
Coverage Ratio * Coverage Ratio (Specific Provisions)
Lebanon 4.89 151.93 2.94 4.28 4.13 4.29
Qatar 7.01 181.67 5.62 5.79 6.16 5.71
Egypt 1.86 100.06 0.54 0.62 1.44 1.98
Jordan 5.41 133.84 3.98 4.21 3.33 3.24
UAE 0.09 1035.97 1.69 1.78 10.33 1.95
Iraq - - - 15.47 0.00 0.00
Europe 7.57 104.41 9.38 7.92 8.27 7.89
127
211245
204 214
283
206257
69
68
103
84 83
61
68
62
2011 2012 2013 2014 2015 2016 2017 2018
Loan Loss Reserve ** Unallocated Provisions
Business Segments 2018
15/ 17
33.20 37.20 39.08 37.9345.32 43.66 41.49 42.28 40.99
47
79.6468.99
45.39
63.74 7068.34
75.11 80.42
2009 2010 2011 2012 2013 2014 2015 2016 2017
Life Non-Life
Insurance Business - Premium ($M)[(4.99%) YoY]
17.60 33.90 27.50 15.40
15.99 34.88
52.99 37.19
13.53
180
515408 375
661 629972 762 678
2010 2011 2012 2013 2014 2015 2016 2017 25018
BLOMINVEST Share (%) BSE Total Turnover ($M)
Beirut Stock Exchange Brokerage Share ($M)
AUMs ($M)[1.20% YoY]
5,9765,567
5,2055,610
7,1566,719
7,122
7,841 7,935
2010 2011 2012 2013 2014 2015 2016 2017 2018
Asset Management Business ($M)[(52.06%) YoY]
323.07
450.65491.88
562.93 567.35610.65 594.29
546.96
262.16
2010 2011 2012 2013 2014 2015 2016 2017 2018
1. Introduction
2. Financial Overview
3. Business Overview
4. BLOM’s Shares
5. Appendix
BLOM BANK Shares 2018
1998BLOM Bank had 18,500,000 Common shares in two categories:
-Category A:6,168,000-Category B:12,332,000
Of which 4,389,601(23.72%) were listed as GDR at $ 33 each.
2001 (July)BLOM Bank consolidated the two categories into one.
2006 (February)BLOM Bank increased its capital by $276m through the issuance of 3,000,000 new Global Depository Shares at $92 per share. The GDS were listed on the Luxembourg and Beirut Stock Exchanges.
2006 (August)BLOM Bank listed 7,166,667 common(one third of all common shares) on the BSE.
2008 (June )BLOM Bank listed all its shares on the Beirut Stock Exchange (BSE).
2010 (October)BLOM Bank executed a share split of 1/10 for a total of 215M shares.
2017 (June)BLOM Bank increased its capital by $42.786M through the incorporation of an additional amount from the reserves account, resulting in a nominal value of LBP 1,500 per common share.
Common Shares
1998BLOM Bank issued 4,389,601 Global Depositary Receiptsworth $144.9m.The issue was a secondary issue(No increase in Capital) at $ 33 each.
2006 (February)BLOM Bank increased its capital by $276m through the issuance of 3,000,000 new Global depository Shares at $92 per share. The GDS were listed on the Luxembourg and Beirut Stock Exchanges.The total number of GDR’s wasincreased to 7,389,601(34.37%)
2010 (October)BLOM Bank executed a share split of 1/10 for a total of 73,896,010 GDRs.
GDR
73,896,010(34.37% of Total Common)
DR Ticker: BLBD
- CUSIP:093688109
- DR ISIN: US0936881095
- Ratio: 1:1
- Depositary: Bank of New York
- Effective Date: Jan 20,1998
- Underlying ISIN: lb0099221105
- Underlying SEDOL: 5400597
- Country: Lebanon
- Industry: Banks
DR Program
2002BLOM Bank issued 750,000 unlisted preferred shares(Class 2002),Coupon:10%-15%
2004BLOM Bank issued 750,000 unlisted preferred shares(Class 2004),Coupon:8.5%
2005BLOM Bank issued 1,000,000 unlisted preferred shares(Class 2005) ,Coupon:8.5%-9.5%
2006 (August)BLOM Bank lists all preferred shares on the BSE
2008 (June)BLOM Bank redeemed all preferred shares class 2002, totaling 750,000 shares to reduce the total preferred shares to 1,750,000
2011 (June)BLOM Bank redeemed its Preferred shares Classes 2004 and 2005.
2011(July)BLOM Bank issued 20 million non-cumulative perpetual redeemable preferred shares (Class 2011), Coupon: 7%
2017(June)BLOM Bank redeemed its 20 million preferred shares class 2011
Preferred Shares
215,000,000
16/ 17
BLOM BANK Share Performance 2018
Earnings Per Common Share ($) *
1.46 1.48 1.53 1.58 1.60
1.86
2.20 2.252.37
2010 2011 2012 2013 2014 2015 2016 2017 2018
Institution Recommendation Target Price ($) Date
Analyst Coverage
2010 180,781,087 74,578,727 255,359,814 1,063,999
IOB BSE Total Daily Average
BLOM GDR Trading on Beirut & London Stock Exchanges ($)*
2011 75,730,415 13,043,123 88,773,538 369,889
2012 132,425,915 31,296,393 163,722,308 682,176
2013 35,012,956 13,481,017 48,493,973 202,058
2014 90,556,591 20,714,978 111,271,569 463,631
2015 78,783.936 20,348,525 99,132,461 550,736
*BLOM BANK Executed a share split of 1/10 for a total of 215 M shares in October 2010
2016 90,786,621 91,096,800 181,883,421 757,848
31.5 30.99 30.1532.2
41.9
44.92
49.1650.14
0.45 0.45 0.45 0.50
0.66
0.83
1.00
1.13
2010 2011 2012 2013 2014 2015 2016 2017
Dividend Payout Ratio Dividend Per Share
Dividends Pay-Out(%) & Dividends per Common Share($)
2017 60,843,963 126,870,950 187,714,913 782,145
* Annualized
2018 87,428,292 31,068,420 118,496,712 493,736
17/ 17
FFA Private Bank Overweight 13.00 Feb 2018
Deutche Bank Buy 12.25 Aug 2015
Arqaam Capital Buy 17.60 Dec 2018
HSBC Hold 13.10 Apr 2018
EFG-Hermes Buy 14.70 Dec 2018
1. Introduction
2. Financial Overview
3. Business Overview
4. BLOM’s Shares
5. Appendix
• 1951 First established
• 1974 Established AROPE INSURANCE with a leading French re-insurance company, LASCOR.
• 1976 Banorabe Bank was founded in Paris by BLOM BANK and other Swiss & Arab shareholders.
• 1994 Established an investment banking subsidiary (Banque d’Affaires du Liban et d’Outre-Mer)
• 1996 Acquired Banque Banorabe, which in turn owns 100% BLOM Bank Switzerland (in 1992)
1950–2000
• 2004 Established the private bank, BANK OF SYRIA AND OVERSEAS in Syria. BLOM BANK was the largest shareholder
with a 39% share whereas IFC’S share is 10%. The remaining capital is subscribed by Syrian individuals
• 2004 Opened branches in Jordan
• 2005 BLOM BANK’s share of AROPE INSURANCE increased to 88.49%
• 2005 Acquired 96.78% of MISR ROMANIAN BANK. The Bank was renamed BLOM BANK EGYPT and BLOM BANK
currently owns approximately 99% of it
• 2006 Issued 3 millions Global Depositary receipts” GDR” for a total amount of US$ 276 million and was listed on the
Luxembourg Stock Exchange
• 2006 Established an Islamic Bank, BLOM Development Bank
2001–2006
2007–2016
• 2009 Established BLOM Bank Qatar
• 2010 Established BLOMINVEST SAUDI ARABIA, in Riyadh.
• 2011 Launched its new eCash service
• 2013 Established Beirut Traders Shopping card
• 2014 Signed the Investors for Governance & Integrity declaration
• 2016 Signed an agreement to acquire the assets and liabilities of HSBC Bank Middle East Limited – Lebanon.
• 2016 Wrote-off its Syrian investments and deconsolidated its operations in Syria.
• 2017 Acquired assets and liabilities of HSBC Bank Middle East Limited – Lebanon
I
BLOM Bank’s History 2018
Peer Group Analysis 2018
ROA ; ROE (Common)Net Income ($M)
Volatility of Return
[Average Quarterly Return 2005 – 2018 ] [Quarterly Standard Deviation/Mean ]
II
510.42
500.56
164.53
35.3%
48.1%51.2%
Blom Audi Byblos
Net Profits Cost to Income Ratio
1.47%1.10%
0.70%
16.49%14.00%
8.76%
Blom Audi Byblos
ROAA ROAE
0.62 0.63 0.52
3.90 4.25
6.09
Blom Audi Byblos
Price to Net Book Price to Earnings yield
Financial Ratios
23.55%
16.42%
25.62%
82.96 82.02
36.3433.8842.70
33.46
Blom Audi Byblos
Mean Coefficient of Variation
Disclaimer
The information contained in this presentation has been prepared by BLOM Bank .It has not been fully verified and is subject to material updating, revision and further amendment.
No presentation ,express or implied, is made as to the fairness, accuracy, completeness or correctness of information contained in this presentation, including the accuracy,likelihood of achievement or reasonableness of any forecasts, prospects, synergies, returns, benefits or statements in relation to future matters contained in thepresentation(“Forward-looking statements”).Such forward-looking statements are by their nature subject to significant uncertainties and contingencies and are based on a number orestimates or assumptions that are subject to change(ad in many cases are outside the control of BLOM Bank and its directors) which may cause the actual results or performance ofBLOM Bank to be materially different from any future results or performance expressed or implied by such forward looking statements.
To the maximum extent permitted by law, BLOM disclaims any responsibility for the accuracy or completeness of any information contained in this presentation including anyforward-looking statements and disclaims any responsibility to update or revise any information or forward-looking statement to reflect any change in BLOM Bank’s financialcondition, status or affairs or any change in the events, conditions or circumstances on which a statement is based.
This presentation provides information in summary form only and is not intended to be complete. It is not intended to be relied upon as advice to investors or potential investors anddoes not take into account the investment objectives, financial situation or needs of any particular investor.
To the maximum extent permitted by law, neither BLOM Bank nor its related bodies corporate, Directors, employees or agents, nor any other person, accepts any liability, including,without limitation, any liability arising from fault or negligence, for any direct, indirect or consequential loss arising from the use of this presentation or its contents or otherwise arisingin connection with it.This presentation should be read in conjunction with other publicity available material. Further information including historical results and a description of the activities of BLOM Bankis available on our website, www.blom.com.lb