Tag Archives: Byblos Bank

Byblos Bank Inaugurates Its New Data Center The Only Uptime Institute Tier III Certified Constructed Facility in Lebanon

Byblos Bank Inaugurates Its New Data Center The Only Uptime Institute Tier III Certified Constructed Facility in Lebanon

Beirut, 24 June 2019 – Byblos Bank announced during a press conference at its headquarters in Ashrafieh the inauguration of its new data center, the only Uptime Institute Tier III certified constructed facility in Lebanon. The Bank received this certification after a diligent assessment of all aspects of its newly constructed data center by expert

Byblos Bank supports local NGOs for the 7th year in a ro

 Beirut, 27 March 2019: For the seventh year in a row, Byblos Bank made a donation to Lebanese non-governmental organizations (NGOs) during a ceremony held at the Bank’s headquarters in Ashrafieh.  This donation of USD 52,000 is the result of an initiative through which Byblos Bank’s Commercial Banking Division asks the suppliers of its end-year

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

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

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