Board of Directors Branch Network General
Total Page：16
File Type：pdf, Size：1020Kb
BOARD OF DIRECTORS BRANCH NETWORK Mr. Walid RAPHAËL Mr. Zafer CHAOUI To reach Banque Libano-Française branches, please dial (01) or (03) 79 13 32 Chairman Mr. Philippe DORÉ or the Short Number 1332 Dr. Samer ISKANDAR Mr. Elie NAHAS Mr. Habib LETAYF • Accaoui • Khaldeh Chairman Mr. Philippe LETTE of Group Banque Libano-Française Mrs. Raya RAPHAËL NAHAS • Achrafieh • Kousba Dr. Marwan NSOULI • Bar Elias • Lebaa • Batroun • Mansourieh • Bechara El-Khoury • Mar Elias GENERAL MANAGEMENT • Bir Hassan • Mar Takla Executive Committee • Chyah • Mazraa Mr. Walid RAPHAËL Chairman and General Manager • Dahr El-Ain - Koura • Mazraat Yachouh Mr. Elie NAHAS Chairman of Group Banque Libano-Française and General Manager • Dbayeh • Miziara Mrs. Raya RAPHAËL NAHAS General Manager • Dekwaneh • Mreijeh Mrs. Hoda ASSI Assistant General Manager • Dora • Nabatieh Mr. Elie AOUN Assistant General Manager Mrs. Josephine CHAHINE Assistant General Manager • Dora - Bourj-Hammoud • Rabieh Mr. Philippe CHARTOUNY Assistant General Manager • Galaxy • Reyfoun Mr. Maurice ISKANDAR Assistant General Manager • Gefinor • Saïda Mr. Georges KHOURY Assistant General Manager Mr. Marwan RAMADAN Assistant General Manager • Geitawi • Saïda - Boulevard Mr. Charles SALEM Assistant General Manager • Hadat • Saïfi Business Development Divisions • Halba • Sami El-Solh Branch Network Mr. Marwan RAMADAN • Hamra (Main Branch) • Sin El-Fil Corporate Banking Mrs. Hoda ASSI • Hamra - Maamari • Sioufi Middle-Market Banking Mr. Elie AOUN Treasury and Capital Markets Mr. Georges KHOURY • Haret-Hreik • Sodeco Private Banking and Wealth Management Mr. Charles SALEM • Hazmieh • Tripoli - El-Mina International Mr. Maurice ISKANDAR Loan Remediation Mr. Moustapha ALWAN • Jal El-Dib • Tripoli - Tebbaneh Retail Banking Products and Marketing Mr. Ronald ZIRKA • Jal El-Dib Centre • Tripoli - Tell Cards Services Mrs. Myrna WEHBE • Jbeil • Tripoli - Zehrieh Management and Support Divisions • Jdeideh • Tyr Risk Management Mrs. Joséphine CHAHINE • Jdita - Chtaura • Zahleh Credit Risk Mr. Zahi AZOURI • Jounieh • Zahleh - Boulevard Compliance Mr. Saïd GEBRAN Legal Compliance Me. Maya ABBOUD • Kantari • Zghorta Finance Mr. Walid ISSA • Kaslik • Zouk Mosbeh Organization, Information Technology & Security Mr. Philippe CHARTOUNY Information Technology Mr. Ghassan SAWAYA Security Mr. Iskandar AOUN 8 Operations Mrs. Nada KHAYAT 1 0 2 - Communications, CSR and Customer Experience Mrs. Tania RIZK 4 0 Human Resources Mr. Georges BEHLOCK / G BLF Training Academy Mr. Elie DAGHER N A / General Services Mr. Gabriel RIZK F E / Internal Audit Mr. Fady LAHOUD O R Fiscal, Administrative and Financial Affairs Mr. Jean MEDLEGE B / o o F Legal Advisor Me. Marc de CHADAREVIAN A Lebanese joint stock company with a capital of LBP 265 billion - C.R. Beirut 19618 - List of Banks N .10 - Fiscal N : 2928 A Head Office: Beirut, Liberty Plaza Building, P.O.Box: 11-0808 Beirut, Lebanon D Phone: +961 (1 or 3) 79 1332 - Fax: (01) 340355 - Short N o: 1332 - Call Center: 1272 - SWIFT: BLFSLBBX E-mail: [email protected] - www.eblf.com CONSOLIDATED STATEMENT OF FINANCIAL POSITION CONSOLIDATED STATEMENT OF FINANCIAL POSITION CONSOLIDATED INCOME STATEMENT December 31, December 31, Year ended December 31, ASSETS 2017 2016 LIABILITIES 2017 2016 2017 2016 (LBP'000) (LBP'000) (LBP'000) (LBP'000) (LBP'000) (LBP'000) Cash and deposits at Central Banks 5,242,884,416 4,286,316,643 Deposits from banks and financial institutions 143,421,097 286,702,812 Interest income 999,869,504 900,480,794 Deposits with banks and financial institutions 2,226,040,003 1,725,106,126 Customers’ deposits at amortized cost 16,484,898,723 15,711,985,899 Less: Tax on interest (2,390,318) - Financial assets at fair value through profit Liability under acceptances 303,063,458 229,265,369 Interest income net of tax 997,479,186 900,480,794 or loss 326,613,113 264,320,891 Borrowings 1,217,850,116 568,263,151 Interest expense (698,779,865) (626,283,960) Loans to banks 99,416,760 120,226,256 Other liabilities 458,502,772 594,154,804 Loans and advances to customers 6,554,602,703 6,320,086,496 Provisions 19,726,463 22,549,374 Net interest income 298,699,321 274,196,834 Investment securities at amortized cost 5,312,355,759 5,801,895,948 Investment securities at fair value through Total liabilities 18,627,462,629 17,412,921,409 Fee and commission income 84,906,952 79,027,238 other comprehensive income 41,101,081 22,769,010 Fee and commission expense (27,237,628) (22,401,806) Customers’ liability under acceptances 303,063,458 229,265,369 Investments in associates 39,460,824 33,191,601 EQUITY Net fee and commission income 57,669,324 56,625,432 Assets acquired in satisfaction of loans 115,610,671 108,228,408 Tangible and intangible assets 190,709,508 177,612,863 Share capital 235,000,000 235,000,000 Net income from financial assets at fair value Other assets 81,030,300 78,517,841 Preferred shares 452,250,000 452,250,000 through profit or loss 22,952,537 39,019,741 Shareholders’ cash contribution to capital 60,300,000 60,300,000 Net gain from derecognition of financial Total assets 20,532,888,596 19,167,537,452 Reserves 615,422,393 550,855,094 assets measured at amortized cost 3,882,618 232,987 Regulatory reserve for assets acquired in Other operating income 97,214,512 22,327,555 satisfaction of loans 21,117,682 31,482,809 FINANCIAL INSTRUMENTS Foreign currency translation reserve (8,516,395) (44,206,488) Net financial revenues 480,418,312 392,402,549 WITH OFF-BALANCE SHEET RISK Cumulative change in fair value (LBP'000) (LBP'000) of financial assets at fair value (Allowance for)/write-back of through other comprehensive income 6,006,596 9,852,634 impairment of loans and advances, net (65,451,159) 5,065,634 Documentary and commercial letters of credit 62,084,346 155,344,174 Retained earnings 225,044,908 191,325,180 Guarantees and standby l etters of credit 1,335,794,706 1,335,919,449 Profit for the year 175,850,911 162,944,641 Net financial revenues after Notional amount of derivative contracts 343,247,239 834,740,832 net impairment charges 414,967,153 397,468,183 Fiduciary deposits 417,778,332 264,926,674 Equity attributable to the equity holders Assets in safekeeping and under management 2,857,048,335 1,933,450,267 of the Bank 1,782,476,095 1,649,803,870 Staff costs (124,210,268) (118,251,988) General and administrative expenses (64,751,246) (66,070,011) Non-controlling interests 122,949,872 104,812,173 Depreciation and amortization (13,145,179) (12,942,059) Total Equity 1,905,425,967 1,754,616,043 Profit before income tax 212,860,460 200,204,125 Total Liabilities and Equity 20,532,888,596 19,167,537,452 Income tax expense (31,422,103) (31,039,759) Deferred tax on subsidiaries’ undistributed profits (420,030) (741,778) Auditors Deloitte & Touche DFK Fiduciaire du Moyen-Orient Profit for the year 181,018,327 168,422,588 Attributable to: • Equity holders of the Bank 175,850,911 162,944,641 • Non-controlling interests 5,167,416 5,477,947.