On May 22nd 2015, all Banque Libano-Francaise preferred shares class “2” were redeemed from Mid-Clear, in accordance with the decision of BLF’s board of directors, dating back to April 21st, 2014. Consequently, all accounts from which the shares were redeemed received reimbursements equal to the share value.
BLF 2014 Financials ($M)
2014 | |
Assets | 11,271 |
Customers’ deposits | 9,580 |
Loans and advances to customers | 4,130 |
Shareholders’ equity | 1,004 |
Net profit | 102 |
Source: BSE, BLOM Bank Invest Research Department