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Lebanese lenders' balance sheets grew 11.6%

  • Lebanon: Monday, February 04 - 2013 at 05:16

According to data by the Lebanese central bank, the balance sheet of financial institutions operating in the country rose 11.6% to $1.217bn at the end of November 2012, from a total of $1.091bn a year ago, The Daily Star has reported. Capital accounts increased by 11.6% year-on-year to hit $344.5m at end-November 2012. Liabilities to the private sector totalled $266.4m at end-November 2012, up from a total of $215.5m posted at end-November 2011, the figures showed.

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