The board of directors of Bank of Beirut (BoB) invites its shareholders to attend an extraordinary general assembly held at the bank’s headquarters in downtown Beirut, Foch Street. The meeting will take place on the 10th of April 2018 at 10:00am, and the agenda aims to discuss and decide on:
- Increasing BOB’s capital via the issuance of ordinary BOB shares specifically for non-shareholders.
- Amending the needed articles of association as a result.
- Other issues.
BOB Financial Highlights in 2017
|(In Millions of USD )||31-Dec-17||31-Dec-16||YOY|
|Total Assets|| 18,375|| 17,208||6.78%|
|Net Loans and Advances to Customers at Amortized Cost|| 5,620|| 4,701||19.55%|
|Customers’ Deposits and Credit Balances at Amortized Cost|| 13,016|| 12,259||6.18%|
|Total Shareholders’ Equity|| 2,353|| 2,311||1.85%|
|Net Income || 204.42 || 201.37 ||1.51%|
Source: Beirut Stock Exchange