by Editorial Staff | March 31, 2023 | Bank Profiles
Founded: 1962 Total Assets*: US$27.0 billion Customer Deposits*: US$20.2 billion Ranking by Assets*: 1 (*as of Dec 31, 2021, ABL Almanac 2022 converted at 1507.5 LBP/USD) Background From humble beginnings as an exchange house in Saida established in 1830 that extended...
by Editorial Staff | March 31, 2023 | Bank Profiles
Founded: 1958 Total Assets*: US$26.48 billion Customer Deposits**: US$21.06 billion Ranking by Assets*: 2 (*as of Dec 31, 2021, ABL Almanac 2022 converted at 1507.5 LBP/USD) (**as of Dec 31, 2020, Bilanbanques 2021) Background Banque du Liban et d’Outre-Mer (BLOM) was...
by Editorial Staff | March 31, 2023 | Bank Profiles
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...
by Editorial Staff | March 31, 2023 | Bank Profiles
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...
by Editorial Staff | March 31, 2023 | Bank Profiles
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...
by Editorial Staff | March 31, 2023 | Bank Profiles
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...
