Alpha Banks: Performance Metrics for Q1 2017

The Alpha Group’s[1] total assets registered a sound growth in the first quarter of 2017 (Q1 2017). According to Bank Data, the Alpha Group’s total assets rose by 7.51% year-on-year to $218.78B. Domestic assets, which constitute 83% of total assets, registered a 10.62% annual upturn to $181.95B. Meanwhile, foreign assets, representing 17% of total assets, registered a 5.59% yearly decrease to $36.82B.

Alpha banks maintained a high level of asset quality. The ratio of gross doubtful loans in total gross loans decreased from 5.62% in the first quarter of 2016 to 5.45% in the first quarter of 2017. Accordingly, the net doubtful loans to gross loans ratio dropped from 1.48% to 1.44% over the same above mentioned period.

[1] Top Lebanese Banks with more than $2B in deposits

For the full report, click on the link below:

Alpha Banks Performance Q1 2017

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