Byblos Bank Recorded $113.08M in Net Profit by September 2015

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 17.6% versus a 12% minimum regulatory requirement.

On the balance sheet, total assets improved, increasing by 1.64% year-to-date (y-t-d) to $19.35B by end September 2015. Loans and advances to customers remained relatively stable, marginally ticking down by 0.03% y-t-d to $4.73B, over the same period.

On the liabilities side, customers’ deposits augmented by 2.79% since year-start to $16.15B by September 2015.

Shareholders’ equity downturned by 0.26% y-t-d to $1.66B during the first 9 months of the year.


Byblos Bank’s Financial Results ($B)

Sept 30, 2015Dec 31, 2014change
Customers Deposits16.1515.722.79%
Loans and Facilities to Customers4.734.73-0.03%
Total Assets19.3519.031.64%
Shareholders’ Equity1.661.69-1.50%
Net Profit ($M)113.08112.80*0.26%
* September 2014


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