Founded: 1963 Total Assets*: US$12.09 billion Customer Deposits*: US$9.62 billion Ranking by Assets*: 7 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$)  Background Realty Business Bank SAL opened in 1963 and was renamed Bank of Beirut in 1970. In 1992, with just five branches...

Founded: 1967 Total Assets*: US$11.64 billion Customer Deposits*: US$9.96 billion Ranking by Assets*: 8 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background Banque Libano-Francaise (BLF) was established in 1930 as a branch of the French bank Compagnie Algerienne. In 1967,...

Founded: 1961 Total Assets*: US$9.09 billion Customer Deposits*: US$6.78 billion Ranking by Assets*: 9 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background Credit Libanais was founded in 1961 as a Lebanese joint stock company. The bank’s current Chairman-General Manager,...

Founded: 1956 Total Assets*: US$7.21 billion Customer Deposits*: US$4.97 billion Ranking by Assets*: 10 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$)  History Bank of Beirut and Arab Countries (BBAC) was established by three Lebanese investment magnets – Toufic Assaf, Nashaat...

Founded: 1963 Total Assets*: US$4.96 billion Customer Deposits*: US$4.16 billion Ranking by Assets*: 11 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background Lebanon Gulf Bank (LGB) was established in 1963 under the name of Banque de Credit Agricole. In 1980, a group of...

Founded: 1961 Total Assets*: US$4.05 billion Customer Deposits*: US$3.24 billion Ranking by Assets*: 12 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background IBL Bank first opened in 1961 under the name ‘Development Bank SAL’. In 1998, most shares were acquired by Lebanese...

Founded: 1981 Total Assets*: US$3.68 billion Customer Deposits*: US$2.97 billion Ranking by Assets*: 13 (*as of Dec 31, 2020, Bilanbanques 2021, converted at LL1507.5/US$) Background Creditbank was founded in 1981 under the name Credit Bancaire by Joseph Khalife and Fouad Zoghby. It acquired...

Founded: 1991 Total Assets*: US$3.51 billion Customer Deposits*: US$3.09 billion Ranking by Assets*: 14 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$)  Background Founded in 1991 under the name Commerce Bank, Lebanon Invest acquired a 62% stake in 2000 and, following a 2002...

Founded: 1980 Total Assets*: US$2.64 billion Customer Deposits*: US$1.96 billion Ranking by Assests*: 15 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$)  Background Selim Ismail Kheireddine, Marwan Yusuf Kissirwani, and Omar Jundi established Al-Marwarid Bank, otherwise known as...