The performance of real estate sector is affected by the current financial crisis. Investors believe that the real estate sector in Lebanon is considered the safest investment right now as depositors are ... read more
The political scene remains on being the main driver of the economy. A mere 1.2% growth, depicted by the PMI, suggested slow economic activity during the year in the aftermath of the presidential elections ... read more
According to BLC Bank’s unaudited consolidated financial statements, the bank’s profit for 2018’s first half (H1) totaled $24.4M compared to $24.9M in the same period last year. However, the net profit ... read more
BLOM Bank announced today its unaudited financial results for the first quarter of 2017. Despite its difficult operating conditions, BLOM Bank was not deterred from performing at its customary best. Net ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 1.04% year-to-date increase (y-t-d) and a 4.75% year-on-year (y-o-y) advance in total assets to $187.92B. Claims on the resident ... read more
The Alpha Group’s[1] total assets sustained their healthy growth in the first quarter of 2016 (Q1 2016). According to Bank Data, the Alpha Group’s total assets rose by 4.9% year-on-year to $203.49B. As ... 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
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
The Lebanese banking sector was presented with many challenges in 2014. Not only did this sector have to deal with the ongoing repercussions from the Syrian spillovers, but it also had to manage a context ... read more
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