BLC Bank to Hold General Assembly Next Month

BLC Bank to Hold General Assembly Next Month

The board of directors of BLC Bank called on the bank’s shareholders to attend the general assembly meeting which is to be held at the bank’s headquarters on the 04/2/2016 at 11 o’clock.

On the meeting’s agenda is agreeing over a $40 million loan to Merit Corporation SAL along with other items.

BLC Bank’s Financial Results ($B)

Sept 30, 2015 Dec 31, 2014 % change
Customers Deposits 4.58 4.29 6.67%
Loans and Facilities to Customers 1.88 1.94 -3.00%
Total Assets 5.72 5.38 6.31%
Shareholders’ Equity ($M) 487.50 477.02 2.20%
Net Profit ($M) 32.78 44.04* -25.56%
* September 2014

Source: BSE News

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