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The bank ranks tenth in Lebanon in terms of assets, with 12,247 billion Lebanese pounds in 2018 compared to 10,444 billion pounds in 2017, an increase of 17.26%. [ 6 ] In 2017, the bank's net profits reached 74 billion Lebanese pounds, with a liquidity rate of 79.77% and a capital efficiency of 14.75%, which is higher than the requirements of ...
According to a World Bank report, Lebanon's economy which was structurally strained before the Syrian shock suffered a real blow as an aftermath of the Syrian crisis which brought around 1.5 million Syrian refugees into Lebanon. [61] The GDP growth rate declined to around 1 percent in 2018. [62]
This was followed in 2017 by the Bank posting record pre-tax profits of £8.2m and announcing that it had over 77,000 customers. Al Rayan Bank became the only UK Islamic bank to receive an official rating when global credit agency Moody's assigned a Aa3 deposit rating to Al Rayan Bank [13] in November 2017. Later that month the Bank's previous ...
Bank of Beirut and Arab Countries; BankMed; Banque Libano-Française; BLOM Bank; BSL Bank; Cedrus Bank; Creditbank; Crédit Libanais; First National Bank; Fransabank; Intercontinental Bank of Lebanon (IBL) Lebanon and Gulf Bank; Saradar Bank; Bank of Beirut; Société Générale de Banque au Liban (SGBL) Lebanese Swiss Bank; AM Bank (Al-Mawarid ...
Bank of Beirut was founded in 1963 as Realty Business Bank S.A.L. and in 1970, changed its name to the current name. [1] In 1993, a group of bankers and businessmen headed by Salim Sfeir , the current chairman and CEO, [ 2 ] [ 3 ] acquired the five-branch bank, which ranked 35 out of the 71 banks operating that year, and in 1997, Bank of Beirut ...
Intercontinental Bank of Lebanon (IBL Bank, Arabic: انتركونتيننتال لبنان) is a Lebanese Bank with headquarters and main branch located in Achrafieh, Beirut, Lebanon. [ 1 ] As of 2021 [update] , the bank had 20 branches in Lebanon, in addition to foreign branches in Cyprus , Erbil , Baghdad , and Basra .
The British government has chartered a limited number of flights to support its citizens to leave Lebanon, it said on Thursday, repeating its advice for them to leave the country immediately. More ...
Banque du Liban (Arabic: مصرف لبنان; English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It was established on August 1, 1963, and became fully operational on April 1, 1964.