The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets increased 2.35% year-to-date (y-t-d) y-o-y and 5.70% annually, from $180.08B by June 2015 to $190.36B by June 2016. On a year-to-date ... read more
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven by declines in net fees and commissions and net ... read more
The Central Bank’s (BDL) balance sheet revealed an increase of 6.07% annually in total assets to $90.90B by End-December 2015. Foreign assets, constituting 40.80% of total assets, inched down by 2.04% ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
Lebanon’s Central Bank’s (BdL) revealed a 0.25%monthly up tick by Mid-December in its total assets to $92.66B compared to $92.43B by November 15. In addition, an 8.12% growth in total assets from $85.70B ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
The Central Bank’s (BDL) balance sheet posted a minor monthly drop of 0.18% to $91.94B, by November 2015. Gold reserves, constituting 10.60% of total assets dropped 8.01%, following the 5.81% monthly drop ... read more
The Alpha Group’s balance sheet showed that the 4.10% annual rise in the value of loans to customers to $61.12B lifted total assets by a yearly 6.19% to $199.61B by end September. The value of the Alpha ... read more
Total consolidated assets of commercial banks reached $181.34B by September, a 3.21% growth since year start, and an expansion of 5.84% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
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