Bank Audi Profit Rises to 262 Billion Lebanese Pounds
Bank Audi SAL-Audi Saradar Group, the largest lender in Lebanon by assets, said first-half profit after tax rose 12 percent from the year-earlier period.
Net income increased to 261.8 billion Lebanese pounds ($172.9 million) through June, from 233.6 billion pounds a year earlier, the Beirut-based bank said in a statement published by the Regulatory News Service of the London Stock Exchange today.
Total assets reached $29.1 billion and deposits reached $25.3 billion in the first six months of the year.
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