Syrian Subsidiaries of Lebanese Banks See near 70 per Cent Slump in Profits

A report by Credit Lebanais says profits at the Syrian subsidiaries of Lebanon's banks has slumped 69.42 per cent in the first three quarters of 2012. The report said, "The prevailing hostilities in Syria which ravaged the Syrian economy since early 2011 and the heightening uncertainties and risks ... (Publication: CPI Financial)