The Blom banking group also for 2004 occupied the leading position in important categories for Lebanese banking, including ranking first in assets, profits, and shareholder equity. BlomInvest is the investment banking and private banking arm of the group. Executive talked to general manager, Fadi Osseiran, about the performance of Lebanese and regional markets, the general outlook, and the group’s development perspectives. How do you judge the performance of Lebanon’s financial markets in the recent past? Financial markets in Lebanon are developing quite ok, especially on the fixed income side. I am looking now from the issuer point of view. On the dollar side, the market for sovereign paper has developed quite well for primary issues, secondary market, and market makers. The Lebanese Pound side has not been developed properly and I think there is room for improvement. On the corporate side, banks have issued CDs and eurobonds, but less happened
