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Assets
Liabilities & Shareholders' Equity

Consolidated Balance Sheet as at December 31, 2007 (audited)
ASSETS(LL millions)	2007			2006
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Cash and Central Banks	2,491,303	4,396,795	6,888,098	2,340,602	3,173,873	5,514,475
- Cash	33,716	106,320	140,036	25,592	65,936	91,528
- Credit risk ceded		210,748	210,748		212,288	212,288
- Net Exposure	2,457,587	4,079,727	6,537,314	2,315,010	2,895,649	5,210,659
Lebanese Treasury bills and other government bills	1,047,299	2,968,676	4,015,975	1,127,695	3,096,712	4,224,407
- Credit risk ceded		403,644	403,644		478,843	478,843
- Net Exposure	1,047,299	2,565,032	3,612,331	1,127,695	2,617,869	3,745,564
Bonds and financial instruments with fixed income		1,153,667	1,153,667		679,236	679,236
Shares, securities and financial assets with variable income	8,018	313,085	321,103	8,199	221,013	229,212
Banks and financial institutions	102,899	4,796,920	4,899,819	71,912	4,780,173	4,852,085
- Current accounts	16,447	883,028	899,475	14,833	598,998	613,831
- Time deposits	86,452	3,913,892	4,000,344	57,079	4,181,175	4,238,254
- Purchase of financial instruments with an option to resell
Due from Head office, branches and affiliates
- Current accounts
- Time deposits
Loans and advances to customers	312,716	7,371,916	7,684,632	239,287	4,637,795	4,877,082
- Commercial loans*	122,127	6,111,026	6,233,153	104,657	3,856,559	3,961,216
- Other loans to customers*	144,376	947,291	1,091,667	108,515	489,713	598,228
- Overdraft accounts	2,293	28,505	30,798	2,586	12,099	14,685
- Net debtor accounts against creditor and cash collateral accounts		1,009	1,009		775	775
- Advances to related parties	53,122	215,156	268,278	47,668	190,822	238,490
- Doubtful loans**	(9,202)	68,929	59,727	(24,139)	87,827	63,688
Bank acceptances		198,288	198,288		136,994	136,994
Investments and related loans
Investments and related loans under equity method	4,563	18,067	22,630	4,359	17,023	21,382
-Non financial institutions	4,563	18,067	22,630	4,359	17,023	21,382
- Financial institutions
Tangible fixed assets (including revaluation variance approved by the Central Bank)	266,562	229,353	495,915	278,985	172,236	451,221
Intangible fixed assets	5,936	7,566	13,502	5,828	6,383	12,211
Other assets	2,531	845	3,376	1,391	570	1,961
Regularization accounts and other debtor accounts	36,570	158,919	195,489	35,343	101,776	137,119
Revaluation variance on other fixed assets
Goodwill	35,551	179,581	215,132	33,838	182,523	216,361


TOTAL ASSETS**	4,313,948	21,793,678	26,107,626	4,147,439	17,206,307	21,353,746

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*Out of which sub-standard loans amounting to :	24,830	29,244
**After deduction of provision for doubtful loans and unrealised interest:	174,673	165,469
*For sub-standard loans	4,872	5,599
**For doubtful loans	83,242	68,729

Off-Balance Sheet Items	2007			2006
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Financing commitments received
Signature commitments received	24,290	147,853	172,143	21,105	103,782	124,887
Financial instruments sold with a buy back option
Engagements on term financial instruments		130,894	130,894		388,317	388,317
- Option on forex swap		130,894	130,894		388,317	388,317
Commitments on derivatives		16,882	16,882
Other engagements received	232,152	3,304,904	3,537,056	182,309	2,107,942	2,290,251
Fiduciary assets and Assets under management	6,784	5,414,053	5,420,837	6,859	4,257,647	4,264,506
Custody accounts	935,318	3,010,351	3,945,669	603,742	2,551,443	3,155,185
Forward operations:		1,705,167	1,705,167		774,468	774,468
-Foreign currencies to receive		1,705,167	1,705,167		774,468	774,468
Bad debts transferred to off balance sheet items	28,748	253,292	282,040	26,404	242,826	269,230
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Consolidated Balance Sheet as at December 31, 2007 (audited)
LIABILITIES(LL millions)	2007			2006
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Central Bank				27,702		27,702
Banks and financial institutions	60,360	895,716	956,076	3,570	281,745	285,315
- Current accounts	5,984	531,520	537,504	2,408	182,333	184,741
- Time deposits	54,376	364,196	418,572	1,162	99,412	100,574
- Sale of financial instruments with an option to rebuy
Due to Head office, branches and affiliates
- Current accounts
- Time deposits
Deposits from customers	3,195,235	18,360,670	21,555,905	3,148,359	14,711,186	17,859,545
- Sight deposits	277,403	2,672,280	2,949,683	241,704	1,933,095	2,174,799
- Time deposits	643,416	9,057,120	9,700,536	675,609	6,557,271	7,232,880
- Savings accounts	2,224,356	5,385,411	7,609,767	2,196,263	4,596,671	6,792,934
- Net creditor and cash collateral accounts against debtor accounts	45,213	858,609	903,822	29,991	716,550	746,541
- Related parties accounts	4,847	387,250	392,097	4,792	907,599	912,391
Engagements by acceptances		198,288	198,288		136,994	136,994
Liabilities under financial instruments		153,148	153,148		153,148	153,148
- Certificates of deposit		153,148	153,148		153,148	153,148
- Debenture bonds
- Other liabilities under financial instruments
Other liabilities	191,776	156,257	348,033	140,025	87,990	228,015
Regularization accounts and other creditor accounts	37,559	69,155	106,714	10,786	55,797	66,583
Provisions for risks and charges	26,134	14,071	40,205	23,621	12,113	35,734
Subordinated notes
Shareholders' equity	1,043,499	1,705,758	2,749,257	912,672	1,648,038	2,560,710
-Revaluation variance accepted in the supplementary capital	18,600		18,600	18,600		18,600
-Share capital & cash contribution to capital	422,190	179,158	601,348	404,945	172,372	577,317
- Group share	419,675	72,586	492,261	404,162	72,586	476,748
Ordinary shares 32.902.309
Preferred shares 5.250.000
- Minority share	2,515	106,572	109,087	783	99,786	100,569
-Reserves for general banking risks	32,299	69,360	101,659	26,896	54,079	80,975
- Group share	32,299	69,360	101,659	26,885	54,044	80,929
- Minority share				11	35	46
-Reserves and premiums and equity differences	309,227	1,218,695	1,527,922	221,467	1,305,918	1,527,385
- Group share	306,891	1,222,917	1,529,808	219,339	1,307,258	1,526,597
- Minority share	2,336	(4,222)	(1,886)	2,128	(1,340)	788
-Employees' stock option plan as per IFRS 2		32,072	32,072		17,927	17,927
-Less: Treasury GDR's	(147)	(1,384)	(1,531)	(1,239)	(10,524)	(11,763)
-Profit carried forward	15,822	42,215	58,037	5,347	27,981	33,328
- Group share	15,767	40,538	56,305	5,310	26,618	31,928
- Minority share	55	1,677	1,732	37	1,363	1,400
-Net income for the year	266,866	75,043	301,909	213,736	33,679	247,415
- Group share	225,975	63,709	289,684	212,678	33,892	246,570
- Minority share	891	11,334	12,225	1,058	(213)	845
-Cumulative changes in fair value	18,642	90,599	109,241	22,920	46,606	69,526
Revaluation variance of fixed assets
Income and expense accounts
Total Liabilities & Shareholders' Equity	4,554,563	21,553,063	26,107,626	4,266,735	17,087,011	21,353,746
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Off-Balance Sheet Items	2007			2006
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Financing commitments given to:		468,751	468,751		225,995	225,995
- Financial intermediaries		468,751	468,751		225,995	225,995
- Customers
Bank guarantees given to:	39,184	1,150,236	1,189,420	36,577	837,522	874,099
- Financial intermediaries	3,357	227,142	230,499	1,038	228,717	229,755
- Customers	35,827	923,094	958,921	35,539	608,805	644,344
Financial instruments purchased with a buy back option
Other engagements
Engagements on term financial instruments				29,454		29,454
Commitment credit line		390,751	390,751		261,009	261,009
Currency options		446,518	446,518
Fiduciary Deposits and Assets under management	8,600	5,412,237	5,420,837	8,533	4,255,973	4,264,506
Custody accounts	935,226	3,010,443	3,945,669	603,742	2,551,443	3,155,185
Forward operations		1,706,867	1,706,867		774,254	774,254
-Foreign currencies to deliver		1,706,867	1,706,867		774,254	774,254
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>	Consolidated Balance Sheet
>	Consolidated Income Statement
>	Consolidated Cash Flows
>	Consolidated Statement of Changes in Shareholders' Equity
>	2007 Consolidated Figures & Auditors’ Report
>	Annual Report 2007
>	Annual Report 2006