July 31, 2018 / 5:30 AM / 5 months ago

Lebanon's Blom Bank H1 net profit rises 4.4 pct

BEIRUT, July 31 (Reuters) - Lebanon’s Blom Bank said on Tuesday its first-half net profit rose 4.4 percent to $243.8 million.

The company’s assets rose 10.5 percent to $34.6 billion compared with the previous year, and deposits increased by $1.6 percent to $27.1 billion. Loans stood at $7.4 billion, down 3.4 percent. (Writing by Tom Perry, Editing by Sherry Jacob-Phillips)

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