BLOM Bank was the highest performer of the three major banks. (The Daily Star/Mohammad Azakir)
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Lebanon's three largest banks have seen their combined profits in the first half of 2017 rise by 2.18 percent to $512.63 million, according to a report by BLOM Bank on Wednesday.BLOM, Audi and Byblos are among the six listed Lebanese banks on Beirut Stock Exchange.BLOM, Audi and Byblos are considered the largest banks in the country in terms of assets, deposits and profits.It added that BLOM had better assets growth than Audi and Byblos in the first half of this year.The report stressed that BLOM's acquisition of HSBC's operations in Lebanon has enabled the bank to increase its assets and deposits.
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