Saturday 02, February 2013 by Robin Amlôt

Bank of Beirut profit up 13 per cent

Bank of Beirut reports full-year net profit increased to LBP 175.4 billion ($116.6 million) from LBP 155.7 billion in 2011. Net interest income rose 35 per cent to LBP 254.9 billion. Net commission income was up 22 per cent to LBP 113.4 billion.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more