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 Balance Sheet

 
AUDITED STATEMENT OF INCOME

 
(LBP millions) 31-Dec-08 31-Dec-07
 

Assets

   
 
Cash and balances with central banks 135,196 129,480
Loans & advances to banks & financial institutions 149,966 245,726
Loans and advances to customers 271,476 206,026
Debtors by acceptances 1,178 7,074
Investment securities:    
  Designated at fair value through profit or loss 5,132 1,977
  Available for sale 126,805 79,507
  Loans and receivables 28,320 25,316
  Held to maturity 79,125 53,899
Property and equipment 8,563 8,873
Other assets 2,035 2,110

Total assets

807,796

759,988

     

Liabilities

Central banks

1,220

-

Deposits from banks & financial institutions

33,360

95,092

Due to customers

711,285

602,703

Engagements by acceptances 1,178 7,074
Other liabilities 4,450 5,314
Current income tax liabilities 510 235
Provisions for other liabilities and charges 22 27
Deferred income tax liabilities 358 -
Retirement benefit obligations 566 476

Total liabilities

752,949

710,921

     

Capital and reserves

Share capital 41,000 24,000
Reserves & appropriations for capital increase - 17,000
Retained earnings 4,693 2,741
Other reserves 9,154 5,326

Total equity

54,847

49,067

     

Total liabilities and equity

807,796

759,988

     

Contingents Liabilities & commitments

Letters of guarantee - clients

30,814

24,800

Confirmed documentary credit-import

14,185

12,744

Undrawn loan commitments

2,699

2,504

Foreign currency forward contracts 2 -1

Total contingents liabilities & commitments

47,700

40,047

     


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Last update 2009