Byblos Bank Held Extraordinary General Assembly

During Byblos Bank’s extraordinary general assembly on the 30th of September, the board of directors of the bank approved the acquisition of the assets, rights, liabilities, and commitments of Banque Pharaon & Chiha.

Byblos Bank Financial Highlights in H1 2016 ($M)

 Jun-16Dec-15% change
Net Profits73.7569.59*5.97%
Total Assets20,434.4119,870.252.84%
Total Loans4,999.364,908.551.85%
Shareholders’ Equity1,662.721,713.73-2.98%

* Value of June 2015

Source: BSE

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