Byblos Bank released its unaudited consolidated financial results for end of 2020 this week. Byblos Bank recorded in 2020 a total of $ 61.07 million in net losses, which is mainly attributed to the ... read more
In this paper, we try to focus on the published breakdown of Lebanon’s deposits and analyze the changes in accounts’ currency, number, and value from 2018 and 2019 especially following the eruption ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets increased 2.35% year-to-date (y-t-d) y-o-y and 5.70% annually, from $180.08B by June 2015 to $190.36B by June 2016. On a year-to-date ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for the first three quarters of 2015 reveal steady profitability and growth, despite ... read more
The Lebanese banking sector was presented with many challenges in 2014. Not only did this sector have to deal with the ongoing repercussions from the Syrian spillovers, but it also had to manage a context ... read more
According to the financial statements of Bank Audi’s Egyptian subsidiary, net profit surged by 31.47% year-on-year to reach $38.67M. Higher profits came about as net interest income grew from $50.22M at ... read more
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