Thursday 26, July 2012 by Robin Amlôt
Byblos Bank reports unchanged H1 net income
Within the context of volatile and uncertain regional conditions in H1 2012, Byblos Bank adopted a conservative strategy aiming at preserving the bank's solid financial position through reinforced resilience, high liquidity, improved asset quality, and a capital adequacy ratio exceeding the requirements of Basel III. Net Income was maintained at $80 million compared to the same period last year.
