BLOM Bank’s extraordinary General Assembly held on January 14th approved the terms of raising the bank’s Common Equity Tier I by $261.94M through cash contributions (in USD), which is equivalent to 10% of ... read more
The Board of Directors of BLC Bank call their shareholders to attend an extraordinary general assembly meeting scheduled on Thursday January 30th 2020 at 11.00am at the bank’s headquarters in Beirut. The ... read more
On the back of BDL’s Circular No.532 (issued Nov. 04th) which instructed commercial banks in Lebanon to raise their Capital by 10% before year-end (and another 10% by end-June 2020), the Board of Directors ... read more
According to Odea Bank’s official statement, released by the Beirut Stock Exchange, Odea Bank announced the successful completion of a TL 1.0 billion ($340M) capital increase, after obtaining necessary ... read more
During the extraordinary general assembly held on March 21st, 2016, Bank of Beirut (BoB) shareholders agreed upon the decision to raise the bank’s capital from LBP 105.41B ($69.24 M) to LBP 109.38B ($ ... read more
The board of directors of BLC Bank called on the bank’s shareholders to attend an extraordinary general assembly meeting which is to be held at the bank’s headquarters on the 3rd of June 2016 at 12:00 p.m. ... read more
Following the extraordinary general assembly’s approval on the 16th of February, Middle East & Africa Bank S.A.L increased its capital from LBP156B (equivalent to $103.48M) to LBP186B (equivalent to ... read more
Following the approval of the extraordinary general assembly on the 22nd of January 2016, Credit Bank S.A.L increased its capital by LBP79.39B (equivalent to $52.67M) to LBP159.62B (equivalent to ... read more
Following Banque du Liban’s approval on the 30th of September 2015, Lebanon & Gulf Bank S.A.L increased its capital by $20.0M through the issuance of 200,000 perpetual, non-cumulative redeemable ... read more
Following the general assembly’s approval on the 4th of November, Cedrus Bank S.A.L increased its capital by $9.95M to $17.91M by issuing 1.5M nominal shares with a value of $6.63/share. These shares were ... read more
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