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Byblos Bank information


Byblos Bank
Company typeSociété anonyme libanaise
Traded as
BYB (BSE)
BYB (LSE)
IndustryBanking, Financial services
Founded1963 (current)
1950 as Société Commerciale et Agricole Byblos Bassil Frères & Co. (1963 (current)
1950 as Société Commerciale et Agricole Byblos Bassil Frères & Co.
)
FoundersSemaan Melkan Bassil, Youssef Melkan Bassil, Victor Fernainé, Fouad Fernainé
Headquarters
Byblos Bank building
Elias Sarkis Avenue
Beirut
,
Lebanon
Area served
Africa, Europe, Middle-East[1]
Key people
Semaan Bassil
(Chairman and General Manager) [2]
ProductsConsumer banking, Commercial banking, Correspondent banking, Capital markets
Net income
Increase US$ 170.1 million (2017)[3]
Total assetsIncrease US$ 22.7 billion (2017)[3]
Total equityIncrease US$ 2.16 billion (2017)[4]
Number of employees
2,524 (2016)[5]
Subsidiaries
  • Byblos Bank Europe
  • Byblos Bank Armenia
  • Byblos Bank Syria
  • ADIR Insurance and Reinsurance
WebsiteByblosBank.com

Byblos Bank (Arabic: بنك بيبلوس) is a Lebanese bank established in 1963 and headquartered in Beirut, Lebanon. It is the country’s third largest bank by assets.[6] It is one of the Alpha banks in Lebanon, along with Banque Libano-Française S.A.L., Bank Audi, BLOM Bank, and Fransabank,[7] which are its main competitors. As at 31 July 2018, it operates 88 branches in Lebanon.[8]

  1. ^ Cite error: The named reference busyear was invoked but never defined (see the help page).
  2. ^ "François Bassil, Semaan Bassil take new Byblos roles". The Daily Star. Retrieved 12 January 2018.
  3. ^ a b "Byblos Bank confirms its solid financial position at end 2017". Zawya. Retrieved 28 August 2018.
  4. ^ "Annual Report 2017" (PDF). ByblosBank.com. Retrieved 28 August 2018.
  5. ^ Chalu, Philippe (30 September 2016). "Semaan Bassil, PDG de la Byblos Bank". Le Commerce du Levant. Retrieved 12 January 2018.
  6. ^ "Fitch Affirms Byblos Bank at 'B'; Outlook Stable". Reuters. Archived from the original on 29 September 2015. Retrieved 19 August 2014.
  7. ^ "Top Banks in Lebanon". Marcopolis. Retrieved 8 October 2014.
  8. ^ "Annual Report 2017" (PDF). ByblosBank.com. Retrieved 10 August 2018.

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