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 ... read more
Characteristics of BLC Capital Increase Increase in capital $174,799 Number of preferred shares issued 263,510 Price/share $0.66 Capital after issuance $142.6M BLC’s Board of Directors (BOD) invited its ... read more
A general assembly was held at the bank’s headquarters on June 29th 2017 and discussed the following key items: The permits of articles 158 and 159 of the Commerce Law and the article 152 of the Code of ... read more
On the 29th of June 2017, the ordinary general assembly of BLC Bank’s shareholders was held at the bank’s headquarters. The assembly approved 2016’s accounts and decided to distribute dividends as per the ... read more
According to Midclear, BLC Bank S.A.L acquired all the assets, liabilities, rights and obligations of BLC Invest S.A.L. BLC Invest has therefore been scratched off the list of banks in Lebanon and its ... read more
According to the consolidated financial statements of BLC Bank, the bank’s net profit for the first three months of the year totaled $10.52M up by 14% year-on-year. According the banks’ accompanying ... read more
The ordinary General Assembly of BLC Bank, which convened on the third of June 2016 at the bank’s headquarters, agreed on the bank’s financial records for the year ending 31/12/2015 and decided to ... read more
The board of directors of BLC Bank called on the bank’s shareholders to attend the general assembly meeting which is to be held at the bank’s headquarters on the 04/2/2016 at 11 o’clock. On the meeting’s ... read more
BLC Bank witnessed a 25.56% y-o-y decline in their net income over the first three quarters of 2015 to $32.78M. Net interest income shed 29.66% to $92.18M, and net fee and commission income lost a similar ... read more
BLC Bank’s unaudited financial statements revealed that net profits barely changed year-on-year (y-o-y) with profits of $23.14M in H1 2015, a very slight decrease of 0.57% from H1 2014. On the statement of ... read more
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