If you have suspicions or proof that your rights as a shareholder are being violated, you can inform Shareholder Rights and we will initiate an investigation to substantiate if the harm you perceived indeed constitutes a violation of your shareholder rights under Governance & Integrity criteria. Companies found to have violated your rights will be exposed, with detailed documentation of our investigation. All whistleblowers will be protected by extreme confidentiality and all investigation requests will remain anonymous unless ...
BLC Bank sal achieves a C+ in Governance and Integrity Rating on online transparency and disclosure for 2017
Immediate Release – The Lebanon Report 2017BLC Bank S.A.L improved its results from an F score (Fail) in 2015 to a C+ score (Fair) in 2017. The bank failed to disclose online its official governance documents that shareholders expect in order to take informed decisions. Transparency and Integrity are crucial for better performance and to support the company’s sustainability and growth.
Of the five corporate governance categories, the bank’s highest score is in the Financial Transparency (81 percent), followed by 56 percent in BMSP and 50 percent in Audit. Shareholder Rights and Integrity scored below the 50 percent GIR threshold, with 25 percent and 18 percent disclosures, respectively.