According to the consolidated unaudited balance sheet of Bank of Beirut, Total assets rose by 6.78% year-on-year (y-o-y) to $18.38B by December 2017.
In details, Net Loans and Advances to Customers at amortized cost progressed by an annual 19.55% to reach $5.62B in 2017.
On the liabilities’ side, Customers’ deposits and credit balances at amortized cost grew by 6.18% y-o-y to stand at $13.02B and Total shareholders’ equity advanced by a yearly 1.85% to $2.35B.
As for the bank’s income statement, it revealed a 1.51% annual growth in Net income which ended 2017 at $204.42M.
In fact, Net interest income and Net commission income both rose by the annual rates of 15.18% and 12.06% to $292M and $91.04M by December 2017, respectively.
Financial Highlights of Bank of Beirut in 2017
| (In Millions of USD ) | 31-Dec-17 | 31-Dec-16 | YOY |
| Total Assets | 18,375 | 17,208 | 6.78% |
| Net Loans and Advances to Customers at Amortized Cost | 5,620 | 4,701 | 19.55% |
| Customers’ Deposits and Credit Balances at Amortized Cost | 13,016 | 12,259 | 6.18% |
| Total Shareholders’ Equity | 2,353 | 2,311 | 1.85% |
| Net Income | 204.42 | 201.37 | 1.51% |