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
BLOM Bank announced its financial results for the first three quarters of 2015. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles facing the country. ... 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
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
Ciments Blancs recorded net profit of $2.17M in H1 2015, a 27.65% increase from $1.70M in H1 2014. This occurred, despite a 23.36% yearly decrease in sales to $7.92M by June, due to the average 45% plunge ... read more
According to the unaudited financial statements, HOLCIM recorded a net profit of $2.04 M in H1 2015 compared to $9.38M in H1 2014. Gross profit margin saw a yearly decrease from 30.73% in H1 2014 to 27.90% ... read more
In H1 2015, Solidere S.A.L, Lebanon’s only listed real estate company, witnessed a significant annual growth in revenues to $57.84M, but ended H1 with a net loss of $28.70M due to a provision of $50.51M ... read more
