Wednesday, February 22, 2012  
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    Chairman's Letter

It gives us great pride to launch IBL Investment Bank s.a.l., a subsidiary of IBL Bank s.a.l. IBL Invest operates with an eye towards the future, keen on taking advantage of opportunities that provide high returns while maintaining risk at reasonable levels. We understand the conservative nature of our clients, and as such we design suitable products to match the risk tolerance of our client base.

Times of turmoil are also times of opportunity, and while the economic challenges have been the main headline lately, high performance was evident throughout alternative market sectors. 
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Private Banking & Wealth Management
 
    FINANCIAL MARKETS
 

Prices as of January 12, 2012
 

Forex Rates
 
EUR / USD

1.272

 
GBP / USD

1.5324

 
USD / CHF 0.9531  
USD / JPY

76.91

 
USD / CAD

1.0189

 
AUD / USD 1.0302  
XAU / USD 1646.69  
XAG / USD

30.1

 

 
Stocks
 
 
Solidere A 14.5  
Solidere B 14.4  
Bank of Beirut sal 19.4  
Byblos Bank Ordinary sal 1.58  
BLOM 7.47  
Bank Audi GDR 5.96  
Audi GDR London 5.90  
Audi Listed 5.70  
BEMO 2.35  
HOLCIM 16.6  

 

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Madina Tower building


11-5292 Riad El-Solh, Beirut,
Lebanon
+961 1 792035
+961 1 792038
   iblinvest@ibl.com.lb



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