According to the consolidated un-audited balance sheet of Bank of Beirut, total assets rose by a yearly 9.30% to $17.64B as of end June 2017. Net Loans and Advances to Customers at amortized cost ... read more
According to the statement of income of Bank Audi’s Egyptian subsidiary, net profit for Q1 2017 fell by 26.54% year-on-year (y-o-y) to $11.74M. The decrease was driven by a 36% annual rise recorded in ... read more
Net Profit ($ mn) ROACE (%) ROAA (%) Cost-to-Income (%) BLOM 226.68 16.62 1.55 35.88 Audi 225.66 14.90 1.07 55.38 Byblos 73.75 8.30 0.73 54.20 The un-audited financial results of the three largest listed ... read more
Bank Audi’s released financials indicated a rise in net profits of 11.66% year-on-year to reach $225.66M at the end of June 2016. As such, according to Bank Audi’s press release, the bank’s growth was ... read more
Ciments Blancs posted net profits of $2.77M in 2015, a 22.47% decrease from $3.57M in 2014. This occurred due to a 10.01% yearly decrease in sales to $12.77M. On the balance sheet, total assets increased ... read more
According to its financial statements, HOLCIM recorded a net profit of $19.19 M in 2015 compared to $33.53 in 2014. Gross profit margin saw a yearly decrease from 17.34% in 2014 to 13.05% in 2015, on the ... read more
In the first quarter of the year (Q1 2016), BLOM Bank retained its strong standing in the sector by relying on its successful conservative approach and expansion strategy. BLOM posted the highest Return on ... read more
According to Midclear, Societe Generale de Banque au Liban S.A.L. (SGBL) fully redeemed the 10,000 preferred shares class 2010 on January 12, 2015 after full payments were made to their shareholders. The ... 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
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
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