File - The BLOM Bank headquarters in Beirut, Friday, Dec. 9, 2011. (The Daily Star/Mahmoud Kheir)
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International rating agency Standard & Poor's has raised its outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable.S&P attributed this revision to the ability of Lebanese banks to finance the public debt thanks to the steady flow of deposits the lenders receive each year.It added that the stable outlooks on Bank Audi, BLOM Bank, and BankMed mirror S&P's stable outlook on Lebanon.According to FFA Private Bank, at today's listed share prices, dividend yields remain attractive at 6.5 percent, 5.5 percent and 8.0 percent for Bank Audi, BLOM Bank and Byblos Bank respectively.
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