Fransabank

Fransabank S.A.L
public
Industry Financial Services
Founded 1921 (1921)
Headquarters Beirut, Lebanon
Number of locations
 125 branches
Products Banking
Website fransabank.com

Fransabank is one of the oldest banks in Lebanon. The bank has 125 branches in various Lebanese territories. In addition to Lebanon, the bank has branches in France, Algeria, Syria, Sudan, Belarus, Cyprus, Iraq, Libya and the United Arab Emirates.[1]

History

In 1921, the Bank opened as a branch of Crédit Foncier d'Algérie et de Tunisie (CFAT).

In 1963, the bank was renamed to the new name of Société Centrale de Banque, and in 1971 was purchased by Banque Française pour le Moyen-Orient SAL (BFMO), a Lebanese banking company. After numerous mergers with other Lebanese banks, in 1982 the bank was renamed Fransabank.

References

  1. ↑ Olivier Holmey (June 2017). "Middle East: Lebanese banks step back from Syria". Euromoney.
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