Bank Audi Syria (157)

12-04-2017
06-12-2016

For the third month in a row, trading activity at the Damascus Securities Exchange remained extremely limited in November.

01-11-2016

Bank Audi, Lebanon’s largest banking grouping, has announced that it has written-off its investment in Syria and that its representatives in the bank’s board of directors have resigned.

26-07-2016

Bank Audi, Lebanon’s largest commercial bank, is changing the commercial name of it Syrian affiliate in an apparent bid to distance itself from the Syrian market.

04-07-2016

The volume and value of shares traded in the first half of this year in the Damascus Securities Exchange more than doubled compared to the same period of 2015.

05-04-2016

Updated on August 15, 2016: The first quarter of 2016 has seen a return of investors to the Damascus Securities Exchange, although in real terms the price of stocks and the trading value remain well below their pre-uprising levels.

01-03-2016

February saw an increasing interest by Syrian investors in the Damascus Securities Exchange.

02-02-2016

The value of the shares traded during the first month of the year in the Damascus Securities Exchange almost doubled from December.

27-11-2015

The value of trading in the Damascus Securities Exchange remained stable this week.

19-10-2015

The assets of Syria’s private commercial banks increased 17 percent in the first half of this year in Syrian Pound terms.

13-07-2015

The annual shareholders meetings of Syria’s commercial banks have seen some changes in their management and boards.

25-06-2015

A large transaction on shares of Bank Audi Syria has helped lift the overall value of trading in the Syrian bourse.

07-01-2015

Bank Audi Syria has announced that its branch in the city of Deir-ez-Zor had been robbed.

19-05-2014

Bank Audi Syria has announced the appointment of a new Chief Executive Officer.

19-05-2014

Bank Audi Syria has announced the appointment of a new Chief Executive Officer.

21-04-2014

Trading activity continues to decline in the Syrian stock exchange where only a handful of transactions are now occurring every week.

31-03-2014

Byblos Bank Sal, the Lebanese mother company of Byblos Bank Syria, is increasing its stake in its Syrian affiliate.

24-02-2014

The assets and profits of private sector banks in Syria increased last year in Syrian Pound terms, according to preliminary filings.

06-01-2014

Pro-regime media outlets have published names of leading investors that reportedly owe their banks large sums of money.

06-01-2014

Bank Audi Syria has announced the resignation of its chief executive Officer, Bassel Hamwi.

06-01-2014

Bank Audi Syria has announced the resignation of its chief executive officer, Bassel Hamwi.

25-11-2013

The balance sheet of Syria’s private sector banks increased 45 percent in the first nine months of 2013 compared to the same period of last year, although the rise was overwhelmingly a result of unrealized net foreign exchange gains.

28-10-2013

The level of trading in Syria’s stock exchange last week was the lowest in many weeks.

14-10-2013

The trading activity in the Syrian stock exchange fell for the second week in a row as the country enters a full week of holidays.

07-10-2013

A handful of stocks continue to dominate trading in the Syrian bourse amid low volumes.

09-09-2013

The performance of Syria’s banking sector in the first half of this year continued to be affected by the deteriorating economic conditions and the decline in the value of the Syrian Pound.

12-08-2013

Financial data published by two private sector banks confirm the growth of bad debt provisions across the sector.

05-08-2013

Bank Audi Syria has posted a significant improvement in its financial performance in the first half of this year on the back of the decline in the value of the Syrian pound.

05-08-2013

Stocks fell last week in the Damascus Securities Exchange for the second week in a row.

15-07-2013

Syria’s main stock index crossed the 1,200 mark last week after gaining in three consecutive sessions.

03-06-2013

A 40 percent rise in the assets of Islamic banks helped increase the Syrian pound value of the balance sheet of Syria’s private banking sector.

20-05-2013

Syrian stocks rose again last week as investors sought to offset the rapid decline in the value of the Syrian Pound relative to the dollar.

13-05-2013

The Syrian stock exchange resumed last week its recent winning run with its main index rising 2.41 percent.

06-05-2013

Syria’s stock exchange index fell below the 900 mark last week with trading volumes declining.

12-04-2013

Syria’s stock market index increased sharply this week to rise above the 800 mark for the first time since last November.

18-03-2013

The DWX fell 0.78 percent last week with banking stocks continuing to dominate the market.

04-03-2013

SIIB, an Islamic lender, rose to become Syria’s largest private sector bank last year, preliminary data show.

04-03-2013

The volumes exchanged last week in the Damascus Securities Exchange increased to SYP 35 million over trading in financial stocks.

24-01-2013

The level of trading slowed somewhat at the Damascus Securities Exchange this week with average prices increasing on a weekly basis.

21-01-2013

The Damascus stock market index continued to rise for the second week running on the back of rising demand for banking stocks.

07-01-2013

Syria’s stock market began this year as it closed last, with an uninterrupted decline in prices.

13-12-2012

Stocks continued to lose ground in the Damascus Securities Exchange over the week while trading volumes reached SYP 6.1 million.

10-12-2012

Provisions for bad debts at private sector Syrian banks rose sharply in the third quarter of this year as businesses faced increasing difficulties to reimburse their loans.

03-12-2012

Trading in two banking stocks increased sharply the volume of transactions at the Damascus bourse last week although this did not prevent the continued decline in prices.

03-12-2012

Updated December 03: Bank Audi is readying a plan B to quit the Syrian market should the situation deteriorate further, its CEO Samir Hanna was quoted as saying.

19-11-2012

Lebanese-managed Syrian banks lost USD 400 million since the beginning of the uprising, according to the head of the Lebanese central bank.

29-10-2012

The Damascus stock market index declined 0.49 percent last week with a total trading volume of SYP 1.1 million.

29-10-2012

The balance sheet of Bank Audi Syria continued to decline in the third quarter as the bank posted a pre-tax loss in the first nine months of the year.

29-10-2012

The balance sheet of Bank Audi Syria continued to decline in the third quarter as the bank posted a pre-tax loss in the first nine months of the year.