BLOM Bank SAL to Hold an Extraordinary General Assembly Meeting on February 22, 2021

The Board of Directors of BLOM Bank SAL (the Bank) conveyed on Monday, January 25,2021 and took the decision to call the shareholders of the Bank to hold an Extraordinary General Assembly Meeting on Monday, February 22, 2021 at 12 pm at the Bank’s Headquarters in Beirut, Verdun, Rachid Karami Street, BlOM Bank SAL building, in order to discuss the following agenda items:

  • Grant the final approval for the sale of BLOM Bank Egypt to the Arab Banking Corporation B.S.C (Bank ABC).
  • Take note of the revaluation of all investments by the bank in its subsidiaries according to the Equity Method in the financial statements of 31/12/2020.
  • Cancel the decision to issue the Cash Contribution to Capital Instruments (CCCI) approved in the extraordinary General Assembly held on January 14, 2020.
  • Approve the appointment of a new Legal Agent for the Bank
  • Any other matter

BLOM bank’s Financials and Ratios

In Thousand


Sept 30, 2020


Dec 31, 2019


Shareholders’ equity3,223,4183,155,966
Net Profit57,157115,411


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