First Half Results 2017

Byblos Bank S.A.L.

Press Release - H1 2017 Unaudited Results

26 July 2017

Consolidated Activity Highlights as at end-June 2017:

· USD 21.8 billion in Assets

· USD 17.8 billion in Customer Deposits

· USD 5.3 billion in Net Customer Loans

· USD 2.0 billion in Total Equity

· USD 66.3 million in Net Profit

Byblos Bank achieved adequate financial results in the first half of 2017, with Customer Deposits and Customer Loans growing by 4.3% and 2% respectively, to reach USD 17.8 billion and USD 5.3 billion. Net Profit decreased by 9%, resulting from the Bank's deconsolidation of investments in both Syria and Sudan, along with its adoption of a conservative strategy amid the uncertainties prevailing in the region and in the markets where it operates.

Advised by the Board of Directors, this conservative strategy entails a prudent lending policy, a lower risk appetite in some overseas markets and high liquidity levels among other. It is especially conceived to sustain the Bank's financial solidity, guaranteeing long-term protection and stability for shareholders.

Byblos Bank's immediate foreign-currency liquidity reached 15% as at end of June 2017. While made in the form of short-term placements with investment- and above-investment-grade institutions, it highly exceeds local and international benchmarks. Its Basel III Capital Adequacy Ratio was maintained at above 18% as at end of March 2017, versus recently issued BDL regulatory requirements that raised the minimum to 15% by end-2018.

Byblos Bank continues with its plans and projects aiming to improve its business-development activities, increase staff productivity and leverage resources. These plans and projects will ensure that it is well-positioned to capitalize on potential expansion opportunities and achieve an improvement in profitability in the long term.

To view the text of the results, paste the following link into the address bar of your web browser:

http://www.byblosbank.com/Library/Files/Financial%20Reports/Quarterly%20Consolidated%20Financial%20Statements/Quarterly%20Consolidated%20Financial%20Statements/Byblos%20Bank%20S.A.L.%20unaudited%20consolidated%20FS%20as%20at%2031-06-2017_ENG.pdf

For further information, please contact:

Ziad El Zoghby

Head of Group Finance and Administration

Phone: +961 1335 280

Email: zelzoghbi@byblosbank.com.lb