BoB Set its Ordinary General Assembly on May 4, 2018
The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to a general assembly to be held at the bank’s headquarters located in Foch Street, downtown Beirut. The meeting will take place on the 4th of May 2018 at 10:00 am. The main items on the agenda include the following:
- Examining the Board of directors and the Auditor’s General Reports about the accounts stated on 31.12.2017.
- Approving the budget, profits, and losses of the year ended 31.12.2017.
- Allocate the bank’s profits of 2017.
- Miscellaneous items.
Financial Highlights of Bank of Beirut in 2017
| (In Millions of USD ) | 31-Dec-17 | 31-Dec-16 | YOY |
| Total Assets | 18,375 | 17,208 | 6.78% |
| Net Loans and Advances to Customers at Amortized Cost | 5,620 | 4,701 | 19.55% |
| Customers’ Deposits and Credit Balances at Amortized Cost | 13,016 | 12,259 | 6.18% |
| Total Shareholders’ Equity | 2,353 | 2,311 | 1.85% |
| Net Income | 204.42 | 201.37 | 1.51% |
Source: BSE
