The Central Bank’s (BDL) balance sheet revealed a minor monthly uptick of 0.53% in total assets to $92.11B by End-November 2015. Foreign assets, constituting 40.97% of total assets, inched down by 1.34% to ... read more
Banque BEMO reported a 15.40% annual increase in net income to $10.32M. This increase was primarily due to a $2.72M write-back of provisions and an 11.77% y-o-y decrease in administrative expenses to ... read more
BLC Bank witnessed a 25.56% y-o-y decline in their net income over the first three quarters of 2015 to $32.78M. Net interest income shed 29.66% to $92.18M, and net fee and commission income lost a similar ... read more
Bank of Beirut (BoB) witnessed a 12.03% annual rise in its net income over the first nine months of the year to $138.02M. This increase can be traced back to the 41.42% surge in net income from securities ... read more
Byblos Bank’s net profits barely grew by 0.26% year-on-year (y-o-y) to $113.08M in the first three quarters (Q3) of 2015. Worth mentioning, that the Bank reported a strong adequacy ratio, which amounted to ... read more
Bank Audi group recognized profits equal to $304.18M in their unaudited financial statements by end-September 2015, equivalent to a 8.68% year-on-year (y-o-y) increase. This growth was driven by the 22.30% ... read more
The Central Bank’s (BDL) balance sheet posted a 1.20% monthly increase in total assets to $92.46B by October 15, 2015. In details, foreign assets (excluding gold), constituting 41.48% of total assets, fell ... read more
The Central Bank’s (BDL) balance sheet posted a 0.18% monthly increase in total assets to $91.63B in September 2015. In details, foreign assets, constituting 41.74% of total assets, fell by 0.89% from the ... read more
Lebanon’s Central Bank’s (BdL) revealed a 0.55%monthly growth by Mid-September in its total assets to $91.36B compared to a lower amount of $90.86B by August 15. In addition, a 6.60% growth in total assets ... read more
Despite the tough economic and political challenges that Lebanon has been facing since 2011, the banking sector stayed hale and hearty, with assets exceeding 350% of GDP. The Alpha Group of Banks, the top ... read more
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