BLC Invites Shareholders to an Ordinary General Assembly: May 31, 2018
BLC’s board of directors (BoD) invites its shareholders to a general assembly at the bank’s headquarters in Beirut. The meeting will take place on the 31st of May 2018 at 10:00 am. The key items on the agenda aim to discuss:
- The BoD’s general report and the report of BLC’s accounts for the financial year of 2017.
- 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 2017.
- Allocation of the bank’s profits for 2017.
- Miscellaneous
BLC Bank’s Financial Highlights
| In $ million | Mar-18 | Dec-17 | YTD |
| Total Assets | 5,874.70 | 5,867.19 | 0.13% |
| Loans and Advances to Customers | 1,580.21 | 1,600.56 | -1.27% |
| Customers’ Accounts at Amortized Cost | 3,990.61 | 3,919.21 | 1.82% |
| Shareholders’ Equity | 568.72 | 561.48 | 1.29% |
| Net Profit for the Period | 10.37 | 10.52* | -1.44% |
(*): Value of March 2017
Source: BLC Bank, Beirut Stock Exchange
