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30 . 01 . 2020
Increase in Equity

The shareholders of BLC Bank s.a.l. held, on 30/01/2020, an Extraordinary General Assembly, which approved to raise BLC Bank Equity by 20% of its Common Equity Tier I, equivalent to USD 93.9 Million as of 31/12/2018, through cash contributions denominated in USD.

This increase is in line with the requirements of BDL Intermediate Circular No. 532 dated 04/11/2019. BLC Bank s.a.l. decision to increase its Equity confi­rms the Bank’s willingness to maintain a high solvency ratio.