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July 31, 2007

Lebanonwire

Lebanon's Bank Audi says H1 profit climbs 6.4 pct

BEIRUT - Lebanon's Bank Audi said on Tuesday its unaudited net profit for the first half of 2007 rose 6.4 percent from the same period a year ago.

The bank said net profit climbed to $91.3 million in the period from $85.8 million in 2006.

Total assets stood at $15.5 billion at the end of June, up from $12.7 billion a year ago, the bank said in a results statement published in Lebanese newspapers. -Reuters

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