Lebanese banks in 2013: profits and their sources
▻http://english.al-akhbar.com/content/lebanese-banks-2013-profits-and-their-sources
According to the calculations procedure adopted by the Lebanese Banks Association, which involves calculating profit margins in Lebanese pounds and in dollars, net profits from these amounts registered $155 million. (Photo: Al-Akhbar) According to the calculations procedure adopted by the Lebanese Banks Association, which involves calculating profit margins in Lebanese pounds and in dollars, net profits from these amounts registered $155 million. (Photo: Al-Akhbar)
Lebanese banks have registered an estimated profit of $1.6 billion in 2013, thanks to interest on treasury bonds and clients. This marks a two-fold increase from last year, boosted by resolutions recently issued by the Lebanese Central Bank. (...)