VOL. XLIII
No. 24
12-June-2000
LEBANON
BLC Shareholders Vote Unanimously Against Raising Share Capital To $107Mn
At the Banque Libanaise pour le Commerce (BLC) general assembly on 2 June, shareholders voted unanimously to keep the banks capital at $100mn rather than raise it to $107mn, on the grounds that shareholders equity was sufficient to cover operations, according to Lebanons Daily Star newspaper. In addition, BLC adopted a series of measures to consolidate the banks merger with United Bank...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!