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Against all odds: Bank Audi to expand in Egypt, Syria

banks allowed Audi to weather the war in Syria and instability elsewhere. “When our shareholders ask ... maintained. He added, however, that Bank Audi has scaled back operations in Syria and there would ... in Syria followed by a reconstruction drive, Bank Audi will be among the first to grab this opportunity,” ...

09/09/2014 - 05:00 - comment 0

Lebanon's domestic banks looking overseas

Bank with $24 billion and Byblos with nearly $17 billion. Bank Audi has a “Plan B” to quit Syria ... $300 million. Both Bank Audi and BLOM Bank already have operations in Egypt. In Syria, Bank ... the clients’ needs and so on.” Bank Audi has already decreased its deposit base in Syria significantly ...

28/11/2012 - 11:49 - comment 0

Lebanese banks in Syria hit hard

Libanais’ weekly economic newsletter,  Bank Audi  Syria posted the highest net profits – $9.08 million – ... Overseas at 26.4 percent, Bank Audi Syria at 14.75 percent and Byblos Bank Syria at 11.94 percent. ... banks operating in Syria dropped 54 percent in the first half of 2014. ...

18/08/2014 - 05:00 - comment 0

Lebanese banks in Syria unscathed by crisis

at the end of March 2012, despite the contraction of assets of Bank Audi Syria by 52 percent during the same ... in Syria, saying the central bank has taken precautionary measures to guarantee the stability of Lebanon’s financial institutions. “The dangers in Syria will not destabilize any Lebanese banks operating ...

08/05/2012 - 10:46 - comment 0

Lebanese banks feel the burn of war-torn Syria

were  Bank Audi Syria , Bank of Syria & Overseas, Byblos Bank Syria, Bank BEMO Saudi ... percent, Byblos Bank Syria at 6.32 percent and Bank Audi Syria at 0.64 percent, with Syria Gulf Bank ... Audi Syria amassing 16.33 percent, Byblos Bank Syria controlling 14.96 percent, Fransabank Syria ...

11/12/2012 - 11:34 - comment 0

Lebanon's economy in better health than feared

quarters of 2012, but the year should still end with positive growth, according to Bank Audi’s quarterly ... quarters of 2012, but the year should still end with positive growth, according to Bank Audi’s quarterly ... territory,” Bank Audi’s report said. “Though it ended on an improved note after the release of hostages ...

19/11/2012 - 13:30 - comment 0

Lebanese banks continue to feel the heat in Syria

of Byblos Bank Syria (-SYP160.4 million), a 95.1 percent decrease in those of Bank Audi Syria (-SYP108.8 ... to a 22.1 percent fall in the assets of Bank Audi Syria (-SYP14 billion), an 18.3 percent drop in those ... Profits of Lebanese banks operating in Syria fell ...

03/03/2013 - 07:46 - comment 0

Al Hilal Bank turns over second 2015 Audi 8 prize under annual savings promo

, the progressive Islamic bank, has awarded the second of six 2015 Audi A8 luxury sedans it is giving away under its ... would bank with this bank in a second, if I lived in the area. An Audi (A6, A8 or Q5!) has been on my ... Al Hilal Bank, the progressive Islamic bank, has ...

Press Release - 23/09/2014 - 12:37 - comment 1

Lebanese banking industry to see profit growth

growth of 9 percent, 8 percent and 14 percent respectively for Bank Audi, BLOM and Byblos. The report ... level of 2012 as banks have significantly downsized their loan portfolios in Syria. Byblos Bank is expected to benefit from low interest margins while Bank Audi is forecast to gain from improving visibility ...

15/04/2013 - 08:12 - comment 0

Lebanon's Bank Audi increases capital by $300 million

Over $25 million of Bank Audi shares were traded ... . Bank Audi  announced Tuesday that it has completed a $300 million capital increase by offering $240 ... of the total outstanding shares of the bank. With the new capital increase, Bank Audi’s shareholders equity ...

24/09/2014 - 12:36 - comment 0