The Central Bank’s (BDL) balance sheet posted a minor monthly drop of 0.18% to $91.94B, by November 2015. Gold reserves, constituting 10.60% of total assets dropped 8.01%, following the 5.81% monthly drop ... read more
The Alpha Group’s balance sheet showed that the 4.10% annual rise in the value of loans to customers to $61.12B lifted total assets by a yearly 6.19% to $199.61B by end September. The value of the Alpha ... read more
Following the heightening pressure on Lebanon from international entities, the Lebanese parliament finally convened last week and held its first legislative session in a year to approve several financial ... 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
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
During the week ending October 8, 2015, broad Money M3 declined by LP 16B ($10.85M), to reach LP 183,916B ($122.00B) posting a 5.12 % yearly growth and a 3.68% y-t-d uptick. Similarly, M1 dropped by LP ... 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
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
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