Author Archives: Michele Hobeika

Headquarters Byblos Bank-Picture

Byblos Bank Announces 2018 Results

Byblos Bank Announces 2018 Results

Byblos Bank Announces 2018 Results   USD Million 2017 2018 Net Profit 170 165 Average Return on Common Equity 9.35% 8.76% Total Assets 22,661 25,000 Customer Deposits 18,002 18,467 Net Advances to Customers 5,449 5,448 Total Equity 2,160 2,203 Net Interest Margin 1.51% 1.54% Operating Expenses/Average Assets 1.06% 0.98% Cost-to-Income Ratio 50.68% 49.73% Offshore Foreign


McLaren Beirut dominates supercar sales in Lebanon

  Strong demand in Lebanon generates record sales performance in 2018 McLaren Beirut tops new supercar registrations in first full year of trading McLaren Beirut has finished its first full year of trading surpassing the sales of its competitors and emerging on top of the list of new supercar registrations in 2018. The announcement follows

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A Christmas Gathering at Place Pasteur Project

A Christmas Gathering at Place Pasteur Project CGI (Conseil et Gestion Immobilière SAL) organized a Christmas Gathering on the 17th of December 2018, for the purpose of showing a glimpse of their luxurious residential project Place Pasteur in Gemmayzeh – Beirut Clients, shareholders, investors, construction pioneers and media experts gathered at the project’s main entrance

Byblos Bank/AUB Consumer Confidence Index: Government Stalemate Extends Stagnation of Consumer Confidence in Fourth Quarter of 2018

Byblos Bank/AUB Consumer Confidence Index: Government Stalemate Extends Stagnation of Consumer Confidence in Fourth Quarter of 2018

    Systematic obstruction of government formation is key reason for loss of confidence momentum Stability of Index reflects failure of scare tactics to undermine citizens’confidence Byblos Bank Headquarters, January 24, 2019: Byblos Bank issued today the results of the Byblos Bank/AUB Consumer Confidence Index for the fourth quarter of 2018. The results show that

Beirut Communique” from the First High-Level Mashreq Conference On Women’s Economic Empowerment

On this day, January 19, 2019, the World Bank Group and the Governments of Lebanon and Canada convened the first high-level Mashreq Conference on Women’s Economic Empowerment. Conference participants representing governments, private sector, civil society, academia, international organizations, multilaterals, and donors noted with concern the low levels of women’s participation in the economy in the

2019.01.17 OA Extension

Ocean Alliance: the world’s largest operational agreement between shipping companies is extended until 2027

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, signs with his partners the extension of their cooperation The CMA CGM Group, a worldwide leading shipping group, is pleased to announce that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed today the extension of the Ocean Alliance cooperation until

LEBANON/BEKAA. Friday, January 11. Syrian refugees camps in Bekaa, East Lebanon close to the Lebanese-Syrian borders. UNICEF and its partners are mobilizing their resources to support refugees affected by the cold and water floodings caused by the storm that hit Lebanon starting January 6, 2019.

UNICEF and partners are providing urgent relief support to protect around 40,000 children at risk of the latest winter storms in Lebanon

   Beirut, 16 January 2019 – Devastation generated by the latest storms across Lebanon have left vulnerable children relocated and in need of protection and warmth, especially refugee children. UNICEF with partners, in close coordination with UNHCR and other UN agencies and the government, started immediate response last week to meet the needs of the


The committee of Beirut Summit 2019 and Dr. Hatem Khaled Osman (VIVA-International chairman) are proud to announce the launching of BeirutSummit2019 Mobile app. A first of its kind application, that is dedicated to cover all summit events.

After completing straight-forward registration by mobile number verification, user will have direct access to the summit highlights, and will stay up-to-date through the alerts received upon publishing news. User can start direct chat or voice call with his friends in Beirut Summit 2019 community and interact with their posts. BeirutSummit2019 App provide a unique chatting