According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 6.97%, year-to-date (y-t-d), and stood at $174.94B in December 2021, according to Lebanon’s consolidated ... read more
Byblos Bank published its un-audited financial results for end-year 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy and financial markets. The Bank ... read more
BLOM Bank published on 31/1/2022 its consolidated, but un-audited, financial results for year 2021. The results obtained were naturally affected by the impact of the financial and economic crisis that has ... read more
BLOM Bank published on 30/10/2021 its un-audited, consolidated financial results for Q3 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
BLOM Bank published on 31/7/2021 its un-audited, consolidated financial results for H1 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
Lebanese Commercial banks, BDL and the Lebanese government incurred high losses as a result of the financial crisis, and will continue to suffer as long as the Lebanese Lira currency is unpegged. In ... read more
Bank Audi published today its non-audited consolidated financial results for the first quarter of 2021. The Bank said in its statement that the “persisting excessive uncertainties arising from a lasting ... read more
Byblos Bank published on Friday April 30, 2021 its un-audited financial results for Q1 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy. Net profit in Q1 ... read more
The ongoing challenges faced by the Lebanese fiscal and economic environment prevent an accurate reflection of the crises on the financial statements. In fact, the first nine months of 2020 were marked by ... read more
According to the Income Statement of Bank Audi’s Egyptian subsidiary, net profit for 2018 gained an annual 24.15% to $73.13M. The Increase in profits came on the back of the increase in bank’s operations ... read more
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