Odeabank, Bank Audi’s Turkish subsidiary, released its financial statements for the first nine months of 2018. The bank revealed a net profit of $29.84 million (M), down from $41.95M recorded in Q3 last ... read more
As per BLC’s consolidated financial statements, net income climbed by 2.45% year on year (y-o-y) to stand at $45.2M in December 2016. In details, Net Fees & Commission Income, the bulk of BLC’s income ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the third quarter of 2016. As a result, the Bank’s financial statements revealed an increase in its net profits to $3.02M compared to a ... read more
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
In the first half of the year (H1 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 BLC Bank’s income statement, the bank’s consolidated net income reached $19.5M in June 2016, 16% lower than the same period last year. This fall can be justified by the booking of additional ... read more
As per its latest unaudited financial statements, Bank of Beirut (BoB) recognized a yearly 7.96% rise in its Net Income, ending 2015 at a level of LBP 65.99B ($43.78M). BoB saw its net interest income ... read more
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven by declines in net fees and commissions and net ... read more
BEMO Bank’s financial statements revealed a 19.63% year-on-year (y-o-y) surge in its net profits to $13.43M in 2015. Although net interest income and net fee and commission income dropped 3.92% and 1.19% ... 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
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