The Central Bank’s (BDL) balance sheet revealed a minor monthly uptick of 0.53% in total assets to $92.11B by End-November 2015. Foreign assets, constituting 40.97% of total assets, inched down by 1.34% to ... read more
Banque BEMO reported a 15.40% annual increase in net income to $10.32M. This increase was primarily due to a $2.72M write-back of provisions and an 11.77% y-o-y decrease in administrative expenses to ... read more
BLC Bank witnessed a 25.56% y-o-y decline in their net income over the first three quarters of 2015 to $32.78M. Net interest income shed 29.66% to $92.18M, and net fee and commission income lost a similar ... read more
Bank of Beirut (BoB) witnessed a 12.03% annual rise in its net income over the first nine months of the year to $138.02M. This increase can be traced back to the 41.42% surge in net income from securities ... read more
Byblos Bank’s net profits barely grew by 0.26% year-on-year (y-o-y) to $113.08M in the first three quarters (Q3) of 2015. Worth mentioning, that the Bank reported a strong adequacy ratio, which amounted to ... read more
Bank Audi group recognized profits equal to $304.18M in their unaudited financial statements by end-September 2015, equivalent to a 8.68% year-on-year (y-o-y) increase. This growth was driven by the 22.30% ... read more
Ciments Blancs recorded net profit of $2.17M in H1 2015, a 27.65% increase from $1.70M in H1 2014. This occurred, despite a 23.36% yearly decrease in sales to $7.92M by June, due to the average 45% plunge ... read more
According to the unaudited financial statements, HOLCIM recorded a net profit of $2.04 M in H1 2015 compared to $9.38M in H1 2014. Gross profit margin saw a yearly decrease from 30.73% in H1 2014 to 27.90% ... read more
In H1 2015, Solidere S.A.L, Lebanon’s only listed real estate company, witnessed a significant annual growth in revenues to $57.84M, but ended H1 with a net loss of $28.70M due to a provision of $50.51M ... read more
The unconsolidated financial statements of Odeabank, Bank Audi’s Turkish subsidiary, revealed that the bank registered a $7.14M profit as at the end of June 2015 compared to a loss of $10.86M as at the end ... read more
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