Financial Results
Retail Banking
Uncategorized
Profits of Lebanon’s Alpha Group banks up 15.5%
Profits at Lebanon’s 13 Alpha Group banks, whose deposits are in excess of $2 billion, surged 15.5 percent year-on-year to $431.32 million in the first quarter of 2013, according to an SGBL report, as pressure from credit provisions receded. The 13 banks booked $90.06 million in credit loss provisions during…
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Source: Alpha Group bank