Cedrus Invest Bank S.A.L Increases Capital to $211.63M

According to a released statement by Midclear, Cedrus Invest Bank increased its capital through the issuance of new ordinary shares.

The bank increased its capital from LBP 138,309,707,250 ($91.75M) to LBP 319,032,834,975 ($211.63M) through the issuance of 162,561 ordinary shares with a nominal value per share of LBP 1,111,725 ($119.88M).

Cedrus Invest’s shares are not listed on the Beirut Stock Exchange (BSE).


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