(MENAFN) Three largest banks in Lebanon are projected to record a slight increase in customer deposits at the end of the year despite the challenges in the nation.
Meanwhile, Cairo-based investment bank EFG Hermes does not predict a main shift in the recent trends for H2 of this year and forecast low single-digit loan growth.
Furthermore, this has lifted year on year asset growth for banks to mid-single numbers, a trend they predict to continue for the rest of this year.
However, Bank Audi's balance sheet dropped as a result of depreciation of the Egyptian pound and Turkish lira.
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