BoB Invites Shareholders to its Ordinary General Assembly: May 6, 2019

The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to attend the annual general assembly held at the bank’s head office in Foch Street, downtown Beirut. The meeting will take place on May 06th 2019 at 5pm. The main items on the agenda are:

  • Approve the BoD’s and auditors’ reports for 2018.
  • Approve the budget, profits, and losses for the year ended 31/12/2018 and allocate the profits for the year.
  • Elect a second auditor for the years 2019 to 2021.
  • Miscellaneous items

Financial Highlights of Bank of Beirut in 2018

(In Millions of Dollars) 31/12/2017 31/12/2018
Total Assets 18,366.26 18,900.22 2.91%
Net Loans and Advances to Customers at Amortized Cost 5,602.06 5,657.37 0.99%
Customers’ Deposits and Credit Balances at Amortized Cost 12,990.38 13,109.45 0.92%
Total Shareholders’ Equity 2,352.60 2,353.22 0.03%
Net Income 204.42 210.19 2.83%

Source: Bank of Beirut, Beirut Stock Exchange

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