BoB Set its Ordinary General Assembly on May 4, 2018

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-1731-Dec-16YOY
Total Assets18,37517,2086.78%
Net Loans and Advances to Customers at Amortized Cost5,6204,70119.55%
Customers’ Deposits and Credit Balances at Amortized Cost13,01612,2596.18%
Total Shareholders’ Equity2,3532,3111.85%
Net Income204.42201.371.51%

Source: BSE


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