The Chairman of the Board of the Lebanese Audi Bank, Rimon Audi, stated that the bank recorded $34.5 million profits in 2001, a one percent increase compared with 2000, in which the bank’s profits totaled $33.8 million, reported Al-Hayat . Audi described the performance of the bank in 2001 as satisfying, especially since the performance of the local banking sector in general dropped by 2.9 percent in the same year. — (menareport.com)
© 2002 Mena Report (www.menareport.com)