BLC Bank Announced Dividend Distribution for 2017

On the 31st of May 2018, the ordinary general assembly of BLC Bank decided to distribute dividends for the financial year that ended on the 31st of December 2017, as follows:

  • For holders of BLC Preferred “C” and “D” shares, the gross dividends per share amount to $6.75 per share, the equivalent of $6.075 after deduction of the 10% dividend distribution tax.

Dividend payments shall be carried out starting the 7th of June 2018 to shareholders’ whose names appear on the company’s register on the 6th of June 2018 (Record Date).

Meanwhile, the ex-dividend date will be 4th of June 2018.

BLC Bank’s Financial Highlights for Q1 2018 

In $ million Mar-18 Dec-17 YTD
Total Assets 5,874.70 5,867.19 0.13%
Loans and Advances to Customers 1,580.21 1,600.56 -1.27%
Customers’ Accounts at Amortized Cost 3,990.61 3,919.21 1.82%
Shareholders’ Equity 568.72 561.48 1.29%
Net Profit for the Period (*) 10.37 10.52(*) -1.44%

Source: BLC Bank

Leave a Reply

Your email address will not be published. Required fields are marked *