BoB Invites its Shareholders to an Ordinary General Assembly

The board of directors of Bank of Beirut (BoB) invites its shareholders to a general assembly at the bank’s headquarters located in Foch Street, downtown Beirut. The meeting will take place on the 5th of May 2017 at 10:00 am and the key items, among others on the agenda aim to:

  • Approve the budget, profits, and losses of the year ended 31/12/2016.
  • Provide the Board of Directors the permits by articles 158 and 159 of the Commerce Law and article 152 of the Code of Money and Credit.
  • Allocate the bank’s profits of 2016.
  • Elect a new Board of Directors.
  • Assign auditors for the financial years 2017, 2018, and 2019.


Bank of Beirut Financial Highlights ($B)

 Dec.16Dec-15% change
Net Profits ($M)198.62186.63+6.42%
Total Assets17.2116.15+6.55%
Customers’ Deposits12.3111.96+2.93%
Shareholders’ Equity2.311.99+15.99%
Net Loans and advances to customers4.74.19+12.24%

Source: Beirut Stock Exchange (BSE)


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