BLC Invites its Shareholders to an Ordinary General Assembly

BLC Invites its Shareholders to an Ordinary General Assembly

The board of directors of BLC Bank invites its shareholders to a general assembly at the bank’s headquarters. The meeting will take place on the 29th of June 2017 at 12:00 pm and the key items on the agenda aim to discuss:

  • The board of directors’ general report and the report of BLC’s accounts for the financial year 2016.
  • The permits of articles 158 and 159 of the Commerce Law and the article 152 of the Code of Money and Credit.
  • Auditors’ financial report for the financial year 2016
  • Allocation the bank’s profits of 2016.
  • Others

BLC Bank’s Financial Highlights

In $ million Dec-16 Mar-17 YTD
Total Assets                              5,744.64                            5,723.08 -0.38%
Loans and Advances to Customers                              1,845.72                            1,865.51 1.07%
Customers’ Accounts at Amortized Cost                              4,690.50                            4,632.43 -1.24%
Shareholders’ Equity                                 577.91                                588.45 1.82%
Net Profit for the Period                                      9.24 (*)                                  10.52 13.86%

(*): Value of March 2016

Source: BLC Bank, Beirut Stock Exchange

 

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