<p>S&P improved on August 15, 2025 Lebanon’s long-term local currency rating by 3 notches to “CCC” from “CC” previously and changed the outlook to “Stable”.</p>
<p style="text-align: justify;">BLOM Bank published its unaudited financial statements for the first quarter of 2025 reporting a net after-tax loss of around $59.75 million compared to a profit of $502.94 million in the same quarter last year.</p>