Exe sum NOV DEC 2017 - ABL

1 Research and Statistics Department Saifi Area, Gouraud Street, Beirut Central District Box 976, Beirut, Lebanon. Tel: 001-961-1-970500; Fax: 001-961-1-970501 web site Key Indicators ASSOCIATION OF BANKS IN LEBANON Issue: November / December 2017 LBP= Lebanese Pound; USD= US Dollar; FC= Foreign Currency; ( ) indicates a negative number; CD= Certificate of Deposit; BDL= Banque du Liban. Sources: Ministry of Finance, Banque Du Liban (BDL), Association des Banques du Liban (ABL), Lebanese Customs Administration, CAS. Indicators of Economic Activity (million USD unless otherwise mentioned) 2016 Sep-2017 Oct-2017 Nov-20171- Building permits (000 m2)12,2347151,026727 Cumulative since the beginning of the year11,1052- Cement Deliveries (000 tons)5,247433488447 Cumulative since the beginning of the year4,7233- Imports of Goods 18,7051,2971,6901,726 Cumulative since the beginning of the year17,3054- Exports of Goods2,977210252229 Cumulative since the beginning of the year2,5955- Balance of Trade in Goods = (4) - (3)(15,728)(1,087)(1,438)(1,497)Cumulati ve since the beginning of the year(14,710)6- Changes of Net Foreign Assets in the Financial Sector 11,238457(888)68 Cumulative since the beginning of the year(1,010)7- Total Checks Cleared (billion LBP)

2 102,5876,7629,2578,392 Cumulative since the beginning of the year93,4608- BDL Coincident Indicator (Average 93=100) CAS Consumer Price Index (Dec 2013=100)- BDL FC Gross Reserves (end of period)34,02835,05836,76935,68811- LBP / USD (period average) 1 The Financial sector includes BDL, Commercial Banks, Medium & Long Term Banks, and Financial institutions. 2 The figures in the 2016 column are related to the month of December. 2 Consolidated Balance Sheet of Commercial Banks - Main Items (end of period - billion LBP) Dec-2016 Sep-2017 Oct-2017 Nov-2017 Assets1- Deposits of Commercial Banks at BDL134,612149,605151,781152,3622- Claims on Resident Private Sector 76,94379,96980,20980,551 - in LBP23,60726,25126,65026,721 - in FC 53,33553,71753,55953,8303- Claims on Public Sector52,34449,92250,28049,539 - in LBP29,15426,75828,16327,976 - in FC 23,19123,16322,11721,5634- Foreign Assets 34,82432,57533,31433,607 - o/w Claims on Non Resident Banks 16,94515,28516,19116,228 Liabilities5- Resident Private Sector Deposits 193,765202,284201,858199,657 - in LBP76,90477,81577,16772,800 - in FC 116,861124,469124,691126,8576- Public Sector Deposits5,9565,9966,2016,3237- Deposits of Non Resident Private Sector51,19652,62153,51451,808 - in LBP6,8276,5586,4196,376 - in FC 44,36946,06347,09545,4328- Deposits of Non Resident Banks 9,46710,74911.

3 23611,5609- Capital Accounts27,49728,11628,11728,13310- Unclassified Liabilities19,70821,54923,96128,02711- Total (Assets = Liabilities) 307,999321,737325,303325,934 3 Interest Rates on LBP Accounts Dec-2016 Sep-2017 Oct-2017 Nov-20171- Simple Average Interest Rate on Deposits of Banks at BDL (%) Weighted Yield on TB's (%) Weighted Average Lending Rate (%) Weighted Average Rate on CDs issued by BDL(%) Weighted Return on Uses of Funds (%) Weighted Average Rate on Deposits (%) Spread (%) 4 = (5) - (6) 1 Average of the last three months on new loans. Starting January 2016, lending rates are calculated according to intermediary circular No 389. 2 Calculated. 3 Average of the last three months on new deposits. 4 Does not take into account the cost of capital. Resident Private Sector Deposits in LBP at Commercial Banks (billion LBP) 4 Interest Rates on USD Accounts Dec-2016 Sep-2017 Oct-2017 Nov-20171- Average Rate on USD Deposits at BDL (%) Average LIBOR 3-month on $ Deposits (%) Weighted Average Interest Rate on Euro-bonds(%) Weighted Average Lending Rate (%) Weighted Return on Uses of Funds (%) Weighted Average Rate on Deposits (%) Spread (%) 5 = (5) - (6) 1 Does not take into account the contribution of Paris II by parties other than the domestic commercial banks.

4 2 Average of the last three months on new loans. Starting January 2016, lending rates are calculated according to intermediary circular No 389. 3 Calculated. 4 Average of the last three months on new deposits. 5 Does not take into account the cost of capital. Resident Private Sector Deposits in FC at Commercial Banks (million USD) 5 Outstanding CDs (end of period) Dec-2016 Sep-2017 Oct-2017 Nov-2017 CDs issued by BDL in LBP (billion LBP)34,63134,04933,84733,797 CDs issued by BDL in USD (billion USD) Issued by Banks on: - the Domestic Market (million USD)0000 - the International Markets (million USD)500500500500 Outstanding Eurobonds (end of period - million USD) Monetary Data (end of period - billion LBP) Dec-2016 Sep-2017 Oct-2017 Nov-20171- M110,15910,49510,25010,2112- M282,42883,66383,02478,3373- M3200,192209,352209,058206,5194- M2 + TB's held by Individuals & Institutional Investors 93,22594,83594,06989,4375- M3 - M2117,764125,689126,034128,1836- (M3 - M2)/M3 (%) 6 Public Finance (billion LBP) 2016 Sep-2017 Oct-2017 Nov-20171- Total Receipts 114, since the beginning of the year2- Total Payments 122, since the beginning of the year - o/w debt service7, since the beginning of the year3- Overall Deficit / Surplus = (1) - (2)(7,453)

5 Since the beginning of the year4- Overall Deficit in % of total since the beginning of the year5- Primary Balance 1 (cumulative since the beginning of the year) Gross Public Debt 2112,910117,820118,299119, Debt in LBP 270,52872,85674,59473, Debt in Foreign Currency 242,38244,96443,70545,8767- Public Sector Deposits 2,314,26815,31115,59814,4568- Net Public Debt 2 = (6) - (7)98,642102,509102,701105,184 1 Include treasury and budget transactions. 2 Figures as at end of period. 3 Deposits at BDL and the Commercial Banks. 7 Outstanding Lebanese Treasury Bills in LBP (end of period - billion LBP) Portfolio: Amount and share Rate % (last issue) 1, Rate % (last issue) 12-month2, 1, 1, 1, Rate % (last issue) 24-month5, 5, 6, 7,392 Rate % (last issue) 36-month14,382 10,842 10,677 9,889 Rate % (last issue) 60-month15,463 16,132 16,677 16,724 Rate % (last issue) 84-month14,680 16,246 16,597 14,810 Rate % (last issue) , 1, 1, 1, Rate % (last issue)no issueno issueno issueno issue120-month11,389 14,236 14,717 15,167 Rate % (last issue) , 3, 3, 3, Rate % (last issue)no issueno issueno issueno Rate % (last issue)

6 No issueno issueno issueno issueTotal 69,347 100 71,619 100 73,223 100 72,383 100 Banking System59,214 60,979 62,855 61,969 Sector8,625 9,087 8,825 8,906 and individual institutions 1, 1, 1, 1.