Intercontinental Bank of Lebanon
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Intercontinental Bank of Lebanon (IBL Bank, Arabic: انتركونتيننتال لبنان) is a Lebanese Bank with headquarters and main branch located in Achrafieh, Beirut, Lebanon.[1]
 Sin el Fil branch | |
Native name | انتركونتيننتال لبنان |
|---|---|
| Formerly | Intercontinental Bank of Lebanon, Development Bank SAL |
| Company type | Private company |
| Industry | Financial services |
| Founded | 1961 |
| Headquarters | , |
Number of locations | 20 branches |
Key people | Salim Habib (Chairman and General Manager) |
| Products | Banking services |
| Website | www |
As of 2021[update], the bank had 20 branches in Lebanon, in addition to foreign branches in Cyprus, Erbil, Baghdad, and Basra.[2]
History edit
The bank was established in 1961 as Development Bank SAL (بنك الإنماء).[2]
In September 1998, the majority of the bank's shares were bought by a group of Lebanese and foreign investors.[3][2]
A year later, in September 1999, the bank acquired the entire shares of BCP Bank Group, and since that date it has operated under the name Intercontinental Bank of Lebanon (IBL).
Key people edit
See also edit
References edit
- ^ "Timeline". IBL. Retrieved 2021-02-25.
- ^ a b c "انتركونتيننتال بنك يزيد رأس ماله إشارة إلى احترام المصارف التزاماتها". annahar.com. Retrieved 2021-02-25.
- ^ a b "Intercontinental plans move into private banking". www.dailystar.com.lb. Retrieved 2021-02-25.
- ^ a b c "Board of Directors". IBL. Retrieved 2021-02-25.
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