Bank of Beirut: Purpose, Values, FAQ, Contact Details

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Bank of Beirut is a commercial bank in Beirut, Lebanon. It was founded in 1963 as Realty Business Bank S.A.L. and ten years later, in 1973, changed its name to the current name.

Purpose

Bank of Beirut is a leading bank in providing commercial, corporate, private, investment, asset management and retail banking in Lebanon and overseas.

Values

Core Values
  • Integrity and Trust
  • Employee Satisfaction
  • Customer Satisfaction
  • Shareholders’ Fulfilment

FAQ

Who Owns Bank of Beirut?

Salim Georges Sfeir (born 18 September 1944) is a Lebanese – Swiss banker and financier. He is the Chairman and Chief Executive of Bank of Beirut S.A.L in Beirut, Lebanon since 1993 and the Chairman of Association of Banks in Lebanon since June 29 2019.

Is My Money Safe in Lebanese Banks?

BEIRUT (Reuters) – Controls imposed by Lebanese banks on access to cash are fuelling concern among depositors who are worried for their savings despite government assurances they are safe from the worst financial crisis since the 1975-90 civil war. The central bank has said deposits are safe

What Happened in Beirut?

On 4 August 2020, a large amount of ammonium nitrate stored at the port of the city of Beirut, the capital of Lebanon, exploded, causing at least 204 deaths, 7,500 injuries, and US$15 billion in property damage, and leaving an estimated 300,000 people homeless.

How Many Banks Are There in Lebanon?

It evaluates the financial soundness of the institutions primarily through periodic on-site and off-site investigations. In 2017, the value of the Lebanese banking sector’s assets reached USD 227 billion, with 14 banks in Lebanon accounting for 87% of the total amount.

What Is the Format of A Bic Code?

The BIC is an 8 character code, defined as ‘business party identifier’, consisting of the business party prefix (4 alphanumeric), the country code as defined in ISO 3166-1 (2 alphabetic), and the business party suffix (2 alphanumeric)

Contact Details

Tel/Fax: 961 5 955262

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