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Blc Bank S.A.L (Lebanon)

Main Activities: Commercial Banking
Full name: Blc Bank S.A.L Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Lebanon’s BLC Bank was launched in 1950 to provide commercial, corporate and personal banking services, as well as investment banking. For many years, it has been ownership of Banque du Liban – Lebanon’s Central Bank, enabling BLC Bank to gain stability and sustainable asset base. Since 2007 the majority stake in BLC Bank has been held by Fransabank Group. BLC Bank deals in all kinds of banking products and services, including credit cards, documentary credits, letters of guarantee, microfinance, deposit and insurance products, remittances, and personal, corporate and commercial loans. Its private banking services include equity and bond trading and capital guaranteed products. The bank has 42 local branches. It has two domestic subsidiaries – BLC Invest and BLC Services and one offshore subsidiary – USB Bank PLC - Cyprus.

Headquarters
Blc Bank Building, Adlieh Square, 2064-5809
Beirut; Beirut Governorate; Postal Code: 2064 - 5809

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Website: http://www.blcbank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1950
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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10%
Subsidiaries
Blc Finance S.A.L.
99.31%
Blc Services S.A.L
91.33%
Company Performance
Financial values in the chart are available after Blc Bank S.A.L report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LBP. Absolute financial data is included in the purchased report.
Net interest income
3.19%
Operating profit (EBIT)
49.02%
Net Profit (Loss) for the Period
49.23%
Total assets
-1.24%
Total equity
-15.22%
Total Assets Trend
9.74%
Net Interest Income Trend
-28.49%
Loans to Deposits Ratio
-10.38%
Loans to Asset Ratio
-7.97%

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