Bank Audi group recorded profits of $202.09M in H1 2015, a 6.52% increase from June 2014, according to their unaudited financial statements. This mainly came on the back of the respective increases of ... read more
Lebanon’s Central Bank’s (BdL) revealed a 0.41%monthly growth by Mid-July in its total assets to $91.13B compared to a lower amount of $90.76B by June 15. Foreign assets, which grasped 42.87% of total ... read more
Total consolidated assets of commercial banks amounted to $179.03B by May, a 1.90% growth since year start, and an improvement of 6.97% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
The Central Bank’s (BDL) balance sheet exposed a positive 0.75% monthly upturn in total assets to $90.68B by End-June, compared to $90.01B by End-May. In terms of the assets’ category in the balance sheet, ... read more
According to the released consolidated financial statements, HOLCIM recorded a net profit of $34.41M end of 2014 compared to $23.34M in 2013. Gross profit margin saw a yearly increase from 30.59% to ... read more
Ciments Blancs recorded net profit of $3.57M end of 2014 compared to $3.40M in 2013. This was partly on the back of, the annual 5.87% decrease in cost of sales to $8.82M while sales declined by 7.67% to ... read more
Total consolidated assets of commercial banks registered $179.40B by April, a 2.11% growth since year start, and a progression of 6.97% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
Solidere S.A.L, Lebanon’s leading real estate company, reported a net profit of $96.90M for FY 2014, in comparison to $39.68M for the previous year, and in line with Blominvest’s estimates. The group’s ... read more
Total consolidated assets of commercial banks amounted to $176.95B by March, a 0.72% growth since year start, and an improvement of 6.47% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
Bank of Beirut (BoB) ended Q1 2015 with a net profit of $40.55M, representing a 10.23% rise from the same period last year. This increase was primarily driven by the 16.45% y-o-y surge in net interest ... read more
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