Bank Audi’s exclusive negotiations with First Abu Dhabi Bank are currently underway, as the former considers selling its Egyptian subsidiary, referred to as Bank Audi SAE. However, discussions are still at ... read more
The Board of Directors (BoD) of Audi Bank called the shareholders to attend an extraordinary general assembly meeting scheduled on Thursday February 20th 2020 at 10.30am, at the bank’s headquarters in ... read more
Bank Audi released the financial statements of its Turkish subsidiary Odeabank which showed a slump in its Net profit from $28.9M in Q3 2018 to $3.91M in Q3 2019. In fact, the Net interest income fell by ... read more
According to Bank Audi’s unaudited consolidated financial statements, the bank’s Net profit for 2018’s first half (H1) totaled $265.39M compared to $212.76M in the same period last year. The Net interest ... read more
On 20/3/2018 Bank Audi’s board of directors has decided to redeem its 1,500,000 Preferred Shares “G” at the issuance price of $100. The operation was approved by Banque du Liban and all the preferred ... read more
The European Bank for Reconstruction and Development (EBRD) signed off its first ever investment in Lebanon by acquiring 2.51% of Bank Audi’s total common shares outstanding on March 15, 2018. The ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Bank Audi’s newly released financial statements, the bank’s consolidated net profit surged 16.61% year-on-year (y-o-y) to stand at $470.11M in 2016 despite the negative developments in Turkey ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for 2015 reveal steady growth and financial strength, despite the political and ... read more
The Beirut Stock Exchange experienced strong activity today, as 1,403,920 shares worth $8,993,718 compared to 67,114 worth $562,161. The BLOM Stock Index (BSI) increased by 0.22% to 1,151.12 points, ... read more
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