Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM 233.53 16.66 1.54 34.36 Audi 212.83* 13.00 0.99 54.47 Byblos 66.27 7.06 0.62 56.60 * Doe not include the exceptional profits of $95.22 ... read more
The Alpha Group’s[1] total assets registered a sound growth in the first quarter of 2017 (Q1 2017). According to Bank Data, the Alpha Group’s total assets rose by 7.51% year-on-year to $218.78B. Domestic ... read more
Odeabank, Bank Audi’s Turkish subsidiary, released its financial statements for the first three months of the year, revealing a net profit of $25.96 million compared to $6.31 million in the same period ... read more
The Lebanese bourse witnessed a downturn this week as revealed by the BLOM Stock Index (BSI) that decreased by 0.49% to end the week at 1,229.82 points. This was also reflected by the $51.70M weekly ... 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 recently released statement, the Lebanese bank agreed to sell its business in terms of electronic payment and card services to M1 Financial Technologies, a subsidiary of M1 Group, ... read more
The Beirut Stock Exchange recently released the below official statement on behalf of Bank Audi: “In its meeting held on March 20, 2017, the Board of Directors of Bank Audi sal resolved to propose to the ... read more
The Beirut Stock Exchange (BSE) recorded during the last week of 2016 a positive performance boosted by stronger banking stocks. In fact, the BLOM Stock Index (BSI) added 0.5% to 1,212.73 points. This was ... read more
Lebanon’s Bourse witnessed a downturn this week just ahead of the Christmas holidays. This was mirrored by a 1.49% weekly slip of the BLOM Stock Index (BSI) to 1,206.64 points. Still, the latest political ... read more
During the extraordinary general assembly held on November 26 , 2016, Bank Audi shareholders agreed upon the decision to raise the bank’s capital from LBP 668.19B ($443.24 M) to LBP 672.33B ($ 445.99 M) ... read more
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