Byblos Bank S.A.L. Unaudited Financial Highlights and Key Ratios
(in US million, except for per share Data)	1st Q-2002	1st Q-2003
Total Assets	4,637	5,463
Customer Deposits	3,648	4,382
Net Advances to Customers	1,016	1,205
Cash & Due From Banks	1,417	1,621
Total Equity	320	435
Net Book Value (1)	314	329
Net Income	11.8	11.8
Number of shares outstanding	205,023,723	205,023,723
Earnings Per Share (annualised)	0.23	0.23
Book Value Per Share	1.53	1.61
Growth in Assets	-0.30%	3.28%
Growth in Customers Deposits	0.54%	2.94%
Growth in Customers Loans	0.68%	0.19%
Return on Average Assets	1.02%	0.88%
Return on Average Equity	15.16%	14.45%
Net Interest Margin	2.63%	2.63%
Cost-to-income	53.77%	56.26%
Tier One Capital to Assets	6.69%	5.91%
Net Advances / Assets	21.90%	22.06%
Liquid Assets / Assets	74.28%	74.22%
1 USD =	1,507.5	1,507.5
(1) This excludes subordinated loans