AL­PHA BANKS RANK­ING BY MA­JOR AG­GRE­GATES AS OF JUNE 2015

Executive Magazine - - Finance Banking -

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.

Newspapers in English

Newspapers from Lebanon

© PressReader. All rights reserved.