The Lebanese bank's total assets stood at $5.86 billion at the end of March, 9.2 percent higher than a year earlier. Customer deposits and credit balances climbed by 9.8 percent to $4.06 billion.
Net loans and advances to customers stood at $1.36 billion -- 19 percent higher than a year earlier.
The bank posted a 50.7 percent increase in net profit in 2008 to $66.34 million, reflecting a strong performance by a Lebanese banking sector largely shielded from the global financial crisis by tight central bank regulation.
Bank of Beirut's shares (BOB.BY: Quote) last traded on February 23 at $18.10, holding on to gains of nearly 50 percent in 2008 that outperformed the broader banking sector.
Tags: Business, Economy, Lebanon, source: Reuters
