Byblos Bank published on Friday April 30, 2021 its un-audited financial results for Q1 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy. Net profit in Q1 ... read more
Bank Audi released the financial statements of its Turkish subsidiary Odeabank which showed a slump in its Net profit from $28.9M in Q3 2018 to $3.91M in Q3 2019. In fact, the Net interest income fell by ... read more
According to the financial statements of Bank Audi’s Egyptian subsidiary, the bank’s Net profit for Q3 2019 increased by a yearly 6.52% to settle at $67.1M. The rise in profits is linked to the annual ... read more
Current Environment The current economic slowdown is taking its toll on the performance of Alpha Banks which was published by Bankdata for H1 2019. The balance sheet of the 16 Alpha Banks with deposits ... read more
Recently released un-audited financial statements of BLC Bank dated at June 30th 2019 showed a 36.22% Year-on-Year (Y-o-Y) decline in the bank’s net profits, to $12.50 million. In fact, the ... read more
Solidere’s consolidated financial statements for 2018 revealed a net loss of $115.7M compared to a net loss of $116.4M over the same period in 2017. In details, Provisions for impairment retreated from ... read more
The Alpha Group’s (Top Lebanese Banks with more than $2B in deposits) total assets registered an increase in 2018, in large part due to higher domestic assets. According to Bank Data, the Alpha Group’s ... read more
According to Holcim’s balance sheet as of December 2017, the company’s assets grew by 3.03% year-on-year to $264.3M. However, total equity declined by 3.34% year-on-year to $176.06M at the end of December ... read more
Net Profit($ 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
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
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