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 total assets rose by 11.29% year-on-year (y-o-y) to $261.54B in 2018. Domestic assets, which constitute 86% of total assets, registered a 13.40% annual upturn to $224.90B while foreign assets, representing 14% of total assets, registered a 0.04% yearly decrease to $36.64B.
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Lebanese Alpha Banks’ Performance in 2018