Articles by

SGBL

SGBL

Founded: 1953 Total Assets*: US$25.95 billion Customer Deposits*: US$18.71 billion Ranking by Assets*: 3 (*as of Dec 31, 2018, ABL Almanac 2022, converted at LL1507.5/US$)  History Société Générale de Banque du Liban (SGBL) was founded in 1953 by Antoun Mikhail Sehnaoui, the great-uncle of the...

Byblos Bank

Byblos Bank

Founded: 1950 Total Assets*: US$17.24 billion Customer Deposits*: US$13.2 billion Ranking by Assets*: 4 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$)  History Businessman Semaan Bassil Sr. and his brother Youssef Melkan Bassil established Société Commerciale et Agricole Byblos...

Bankmed

Bankmed

Founded: 1944 Total Assets*: US$15.53 billion Customer Deposits*: US$11.64 billion Ranking by Assets*: 5 (*as of Dec 31, 2019, ABL Almanac 2022, converted at LL1507.5/US$)  Background BankMed SAL (formerly known as Banque de la Méditerranée SAL) was founded in 1944 in Beirut.[1] Today, the bank is...

Fransabank

Fransabank

Founded: 1921 Total Assets*: US$15.06 billion Customer Deposits*: US$12.34 billion Ranking by Assets*: 6 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background First established as a Lebanese branch of Crédit Foncier D’Algérie et de Tunisie (CFAT) in 1921, Fransabank is the...

Bank of Beirut

Bank of Beirut

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...

BLF

BLF

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,...

Credit Libanais

Credit Libanais

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,...

BBAC

BBAC

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...

LGB Bank

LGB Bank

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...