BLC Bank to Hold Extraordinary General Assembly Next Month

The board of directors of BLC Bank called on the bank’s shareholders to attend an extraordinary general assembly meeting which is to be held at the bank’s headquarters on the 3rd of June 2016 at 12:00 p.m.

The meeting’s agenda will include a LP 60 million increase of the Bank’s capital by incorporation of reserves and the consequent amendments of related articles in the Bank’s laws of incorporation, in addition to other diverse issues.

BLC Bank Financial Highlights in Q1 2016($M)

 

Mar-16

Dec-15

% change

Net Profits

9.24

11.55*

-19.99%

Total Assets

       5,554.18

       5,741.09

-3.26%

Customers’ Deposits

       4,561.28

       4,582.37

-0.46%

Shareholders’ Equity

          514.66

          505.25

1.86%

*As of March 2015

Source: Beirut Stock Exchange

Leave a Reply

Your email address will not be published.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