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Banque Libano-Française (BLF) was created in 1930 as a branch of the French bank, Compagnie Algérienne. In 1967, BLF became a bank established under the Lebanese law, with 70% French shareholding. In 1970, Banque Indosuez acquired a 5% direct interest in the Bank capital.
Fransabank (Arabic: فرنسبنك ) is one of the oldest banks in Lebanon. Today, Fransabank Group has a consolidated presence in eight countries: Lebanon, France, Algeria, Sudan, Belarus, Iraq, UAE (Abu Dhabi) and Ivory Coast. The Group also ranks first in terms of local branch network with 125 branches strategically spread all over the ...
Starting in 2007, BRED relaunched its international expansion strategy, but this time with a focus on local banks in high-growth countries: acquisition of 15% of the capital of Socredo in 2007 (French Polynesia), [15] 51% of the capital of BCIMR in 2007 , [16] Bank of Queensland (2009, [17] shares sold in 2013 [18]), 12.5% of Acleda Bank , [19 ...
HSBC Continental Europe, known until December 2020 as HSBC France SA, is a subsidiary of HSBC, headquartered in Paris. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank .
Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which was hard-hit by the small nation’s three-year economic meltdown, a top Arab banker said ...
The FBF represents French banks and foreign banks that have set up subsidiaries or branches in France, whether they are from Europe or elsewhere. Credit institutions that are authorized to operate as banks in France and branches of credit institutions based in the European Economic Area are fully entitled to become members of the FBF, which is ...
The banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/net worth) of 28 to 1, and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt. [1] France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts.
Societe Generale de Banque au Liban S.A.L. (SGBL), (Arabic: بنك سوسيتيه جنرال في لبنان, founded in 1953), is a Lebanese bank, and a subsidiary of SGBL Group, [1] and offers banking services in the Middle East (Lebanon, Jordan), the Gulf (United Arab Emirates) and Europe (Cyprus, France and Monaco).