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 unconsolidated financial statements of Odeabank, Bank Audi’s Turkish subsidiary, posted $12.85M net profits up to September 2015, compared to a $3.85M loss in the same period of 2014. In fact, over the ... 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
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
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
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