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
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the year 2015. The Bank’s financial statements revealed a surge in its net profits from $121,000 in 2014 to $17.60M in 2015. This was ... 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
According to the financial statements of Bank Audi’s Egyptian subsidiary, net profit surged by 31.47% year-on-year to reach $38.67M. Higher profits came about as net interest income grew from $50.22M at ... read more
RYMCO S.A.L recorded a year end net profit of $4.28M in 2014 compared to $4.65M in 2013. This was partly on the back of, the annual 3.93% growth in sales to $175.45M which was offset by the 7.67% ... read more
Bank Audi S.A.E, the bank’s Egyptian subsidiary, recorded an 11.23% year-on-year (y-o-y) increase in net profit to $46.07M by the third quarter of 2014. The 22.41% jump in administrative expenses to ... read more
BLOM Bank posted a 2.51% year-on-year (y-o-y) increase in its net profit to $269.31M by end of September 2014, leading to a 15.26% return on average equity. This can mainly be attributed to the 5.17% and ... read more
Bank Audi posted 7.12% year-on-year (y-o-y) increase in its net profit to $279.88M by end of September 2014. In details, the net interest income increased by 24.58% y–o-y to $585.98M while net fees ... read more
During the first half of 2014, RYMCO’s net income plunged by 28.77% year-on-year (y-o-y), to $1.53M. This came as a result of 15.18% surge in cost of goods sold, that exceeded the 8.92% increase in net ... read more
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