Jammal Trust Bank Increased Capital by LBP 5.09B
After it was approved by the Central Council of Banque du Liban, Jammal Trust Bank S.A.L. increased its capital by LBP 5.09B from LBP 70B to LBP 75.09B, on the 4th of May 2015, through the issuance of 50.90M new common nominal shares. The price of a share is LBP 100. The shares were distributed to the existing shareholders on a pro-rata basis.
Jammal Trust Bank Financials
| 2014 | 2013 | % change | |
| Total Assets | 902.97 | 831.54 | 8.59% |
| Customers’ Deposits | 788.10 | 726.96 | 8.41% |
| Shareholders’ Equity | 46.43 | 46.43 | 0.00% |
| Net Profit | 13.20 | 5.44 | 142.79% |
Source: MidClear
