The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to a general assembly to be held at the bank’s headquarters located in Foch Street, downtown Beirut. The meeting will take place on the 4th of May 2018 at 10:00 am. The main items on the agenda include the following:
- Examining the Board of directors and the Auditor’s General Reports about the accounts stated on 31.12.2017.
- Approving the budget, profits, and losses of the year ended 31.12.2017.
- Allocate the bank’s profits of 2017.
- Miscellaneous items.
Financial Highlights of Bank of Beirut in 2017
|(In Millions of USD )||31-Dec-17||31-Dec-16||YOY|
|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%|