Some Lebanese banks are making profits. What are they doing with them?

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A depositor using an ATM in Beirut. (Credit: Sandrine Frem/L'Orient Today)

Add as preferred on Google BEIRUT — Seven years into Lebanon’s economic crisis, depositors’ savings remain trapped and a “zombie” banking sector still awaits restructuring. Yet, amid the paralysis, a handful of banks have been reporting profits, even as their accumulated losses remain unresolved.A compilation of publicly available annual reports collected by L’Orient-Le Jour identified seven banks that reported a profit in at least one of 2024 or 2025: Bank Audi, Fransabank, BLC Bank, Bank of Beirut, Byblos Bank, BLOM Bank and Banque Libano-Française (BLF). Read more Bank Audi says Lebanese economy weathered summer better than expected Shareholders cannot, however, receive those earnings as dividends, or payments drawn from a company’s profits. Lebanon’s central bank, Banque du Liban (BDL), first barred banks from distributing dividends in... You have reached your article limitStay informed about a Middle East in crisis.Subscribe for $0.5/month for the first 3 months. Subscribe now Log in This article is only available to L’Orient Today subscribers. Subscribe now Log in Create a free account to continue reading this article. You’ll also receive The Morning Brief, our must-read daily digest of Middle East news. Opt out anytime Email Address Password Email Address Password I would like to receive special offers from L'Orient Today as well as selections of the best articles. Register By creating an account, you agree to the terms and conditions of use and our privacy policy. Register Or register with: Facebook

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