ALPHA BANKS RANKING BY MAJOR AGGREGATES AS OF JUNE 2015
TOTAL ASSETS
42,310
28,617
19,171
19,097
16,101
15,408
15,388
11,306
9,553
5,578
5,333
3,937
3,439
3,134 CUSTOMER DEPOSITS
1
2
3
4
5
6
7
8
9
10
11
12
13
14
36,106
24,754
15,948
15,614
12,608
11,709
11,558
9,512
8,091
4,948
4,810
3,186
2,999
2,685 LOANS AND ADVANCES
1
2
5
3
4
8
6
7
9
11
13
14
12
10
17,040
7,021
4,684
5,789
4,761
3,781
4,141
3,871
2,913
1,541
989
938
1,326
1,594 SHAREHOLDERS’ NET PROFITS EQUITY
1
2
5
4
6
7
3
8
9
10
11
12
13
14 growth of domestic deposits that was above 5 percent in conjunction with drops in deposits in entities abroad, LGB derived its growth more from units abroad than from domestic operations, showing year-to-date deposit growth rates of 22.5 percent from entities outside of Lebanon and 6.9 percent within the country. Of the two banks that experienced negative year-to-date growth of deposits, First National Bank (-1.7 percent) and Banque Libano-Francaise (-0.4 percent), FNB saw outflows from
3,128
2,536
1,625
1,868
1,479
1,175
1,910
1,064
723
462
386
294
285
252
SIX OF THE 14 ALPHA GROUP BANKS SHOWED
YEAR-TO-DATE DROPS IN THE LOAN PORTFOLIOS, WITH CONTRACTIONS GOING
UP TO 5 PERCENT
1
2
7
4
6
5
3
8
9
11
10
14
13
12
202
190
70
86
76
81
89
55
35
28
35
14
16
17 foreign currency accounts in the domestic market while BLF achieved a small gain in domestic deposits and reported lower deposits in foreign entities. FNB’s and BLF’s combined market share in alpha group deposits is 7.7 percent.
The strongest loan growth was represented by CreditBank at 7.7 percent, followed by BBAC at 5 percent. On the balance, however, the overall evolution of the alpha group’s loan portfolio was unsettlingly flat for the first half in 2015, at 0.1 percent growth. Six of the 14 alpha group banks showed year-to-date drops in the loan portfolios, with contractions going up to 5 percent. The lending growth that occurred was, with a few exceptions such as CreditBank, concentrated on Lebanese Liradenominated loans while the alpha group’s portfolio of foreign currencydenominated loans regressed mildly.
In short, developments of assets, deposits, and loans since the start of 2015 have varied in the customary fashion from bank to bank and often differed notably between H1 2015 and H2 2014, and also within individual institutions.