Mediterranean Bank, one of Libya's smaller lenders in terms of asset size, has published its net profit figures for the 2012 financial year.

According to the Libyan Stock Market (LSM), on which Mediterranean Bank is listed, the bank generated a net profit of LD3.2m ($2.6m) in the financial year ending 31 December 2012.

Total assets reached LD164m ($131m) by the end of the same period.

The statement said that the figures had not yet been verified by an independent auditor.

Mediterranean Bank has not published any financial statements covering the 2011 or 2010 financial years, but figures compiled by The Libya Report suggest that its assets rose by 3.7% year-on-year in 2012.

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