The board of directors of Bank of Beirut (BOB) Bank called on the bank’s preferred “K” shareholders to attend an extraordinary general assembly meeting which will be held on the 11th of October 2016 at the bank’s headquarters.
The meeting’s agenda will include setting the by-laws of the preferred “K” shareholders’ committee and appointing representatives for this committee.
BOB Bank Financial Highlights in H1 2016($B)
| Jun-16 | Dec-15 | % change | |
| Net Profits($M) | 90.88 | 88.95* | 2.17% |
| Total Assets | 16.14 | 15.33 | 5.29% |
| Customers’ Deposits | 11.96 | 11.31 | 5.77% |
| Shareholders’ Equity | 2.12 | 1.90 | 11.34% |
| Loans and advances to customers | 4.45 | 4.03 | 10.49% |
* Value of June 2015
Source: BSE