Banque Misr-Liban Increased Capital to $79.60M

Banque Misr-Liban (BML) S.A.L held a general assembly on April 24, 2015 in which it was decided to increase its capital by $13.27M to $79.60M by raising the nominal value of each share from $0.83 to $1/ share.

This was approved by Midclear on the 26th of June, 2015, after BML transferred the required funds from its reserve accounts to its paid in capital account. 

Financial Highlights 2013, 2014

Loans & Advances to Customers ($M)195.41254.51
Total Assets ($B)1.181.35
Deposits from Customers ($B)1.021.14
Total Shareholder Equity ($M)97.92100.8
Net Profit ($M)4.975.21

Source: Company’s Website

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