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Byblos Bank
Byblos Bank () is a Lebanese bank established in 1963 and headquartered in Beirut, Lebanon. It is the country's third largest bank by assets. It is one of the Alpha banks in Lebanon, along with Banque Libano-Française S.A.L., Bank Audi, BLOM Bank, and Fransabank, which are its main competitors. As at 31 July 2018, it operates 88 branches in Lebanon. History Byblos Bank was initially founded in 1950 as “Société Commerciale et Agricole Byblos Bassil Frères & Co.”, a Lebanese company specialized in natural silk, leather tanning, and agricultural credit activities. In 1961, the company's name was changed to “Société Bancaire Agricole Byblos Bassil Frères & Co.”, and in 1963 it was established as Byblos Bank S.A.L and registered at the newly established Banque du Liban. It welcomed its first banking clients in 1963 in Jbeil, Lebanon. The initial founders include Semaan Melkan Bassil, Youssef Melkan Bassil, Victor Fernainé and Fouad Fernainé, all hailing from powe ...
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Headquarters
Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, military organizations, religious groups, sports leagues and so on. It usually implies a geographically dispersed organization with a clear hierarchical structure. Corporate In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The value added, intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, corporate tax, tax payments, legal, legal operations, marketing, finance, human resources, information technology, and pr ...
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Fransabank
Fransabank (Arabic: فرنسبنك ) is one of the oldest banks in Lebanon. Today, Fransabank Group has a consolidated presence in eight countries: Lebanon, France, Algeria, Sudan, Belarus, Iraq, UAE (Abu Dhabi) and Ivory Coast. The Group also ranks first in terms of local branch network with 125 branches strategically spread all over the country. History In 1921, the Bank opened as a branch of Crédit Foncier d'Algérie et de Tunisie (CFAT). In 1963, the CFAT was renamed to the new name of ''Société Centrale de Banque'', and in 1971 its Lebanese entity 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. See also * BankMed Bankmed SAL (Arabic: بنك البحر المتوسط ش.م.ل; formerly ''Banque de la Méditerranée S.A.L)'' is a Lebanon, Lebanese bank, established in 1944, owned by the holding company ''GroupMed''. It is one of ...
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France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlantic, North Atlantic, the French West Indies, and List of islands of France, many islands in Oceania and the Indian Ocean, giving it Exclusive economic zone of France, one of the largest discontiguous exclusive economic zones in the world. Metropolitan France shares borders with Belgium and Luxembourg to the north; Germany to the northeast; Switzerland to the east; Italy and Monaco to the southeast; Andorra and Spain to the south; and a maritime border with the United Kingdom to the northwest. Its metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea. Its Regions of France, eighteen integral regions—five of which are overseas—span a combined area of and hav ...
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The United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Africa
Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surface area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With nearly billion people as of , it accounts for about of the world's human population. Demographics of Africa, Africa's population is the youngest among all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Based on 2024 projections, Africa's population will exceed 3.8 billion people by 2100. Africa is the least wealthy inhabited continent per capita and second-least wealthy by total wealth, ahead of Oceania. Scholars have attributed this to different factors including Geography of Africa, geography, Climate of Africa, climate, corruption, Scramble for Africa, colonialism, the Cold War, and neocolonialism. Despite this lo ...
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Europe
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east. Europe shares the landmass of Eurasia with Asia, and of Afro-Eurasia with both Africa and Asia. Europe is commonly considered to be Boundaries between the continents#Asia and Europe, separated from Asia by the Drainage divide, watershed of the Ural Mountains, the Ural (river), Ural River, the Caspian Sea, the Greater Caucasus, the Black Sea, and the waterway of the Bosporus, Bosporus Strait. "Europe" (pp. 68–69); "Asia" (pp. 90–91): "A commonly accepted division between Asia and Europe ... is formed by the Ural Mountains, Ural River, Caspian Sea, Caucasus Mountains, and the Black Sea with its outlets, the Bosporus and Dardanelles." Europe covers approx. , or 2% of Earth#Surface, Earth's surface (6.8% of Earth's land area), making it ...
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Middle East
The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western European nations in the early 20th century as a replacement of the term Near East (both were in contrast to the Far East). The term "Middle East" has led to some confusion over its changing definitions. Since the late 20th century, it has been criticized as being too Eurocentrism, Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of West Asia, but without the South Caucasus. It also includes all of Egypt (not just the Sinai Peninsula, Sinai) and all of Turkey (including East Thrace). Most Middle Eastern countries (13 out of 18) are part of the Arab world. The list of Middle Eastern countries by population, most populous countries in the region are Egypt, Turkey, and Iran, whil ...
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The Bank Of New York Mellon
The Bank of New York Mellon Corporation, commonly known as BNY, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation. Through the lineage of Bank of New York, which was founded in 1784 by a group that included Alexander Hamilton, BNY is regarded as one of the three oldest banks in the United States and among the oldest in the world. It was the first company listed on the New York Stock Exchange. In 2024, it was ranked 130th on the ''Fortune'' 500 list of the largest U.S. corporations by total revenue. As of 2024, it is the 13th-largest bank in the United States by total assets and the 83rd-largest in the world. BNY is considered a systemically important financial institution by the Financial Stability Board. BNY provides a wide range of financial services, including asset management, custody and securities services, ...
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French Development Agency
The French Development Agency (, AFD), known from 1992 to 1998 as the Caisse Française de Développement (CFD, ), is a public financial institution that implements France's development and international solidarity policies. It works to fight poverty and promote sustainable development. It is active in Africa, Asia, the Middle East, Latin America, the Caribbean, and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet. In 2023, AFD earmarked €11.3 billion to finance projects in developing countries and the French overseas territories. This development assistance represented 0.55% of France's GDP in 2023. According to the OECD, France is in the global Top 5 for providers of official development assistance (ODA) in volume, with a strong focus on Africa. AFD's headquarters is located in Paris. Its teams are based in Paris, Marseille, and in a network of 72 agen ...
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International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution headquartered in Washington, D.C. and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise. It offers an array of debt and equity financing services, helps companies face their risk exposures while refraining from participating in a management capacity and advices to companies on making decisions, evaluating their impact on the environment and society, and being responsible. The corporation is assesse ...
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François Bassil
François Semaan Bassil (born March 15, 1934) is a prominent Lebanese banker. He was chairman and General Manager of Byblos Bank, one of Lebanon's top three banks from July 1979 to July 2015, and has served as chairman of the Board of the Association of Banks in Lebanon (ABL) for four terms. He currently holds the position of Chairman of Byblos Bank Group, an entity composed of banks and subsidiaries of Byblos Bank S.A.L. In 2015, Bassil was named in Global Finance Magazine’s first annual list of Who’s Who in The Middle East. Early life, education Bassil was born in Fidar, north of Beirut in 1934. His father, Semaan Bassil, was a well-known businessman who founded in 1950 the “Société Commerciale et Agricole Byblos Bassil Frères & Co.”, a Lebanese company specialized in natural silk, leather tanning, and agricultural credit activities. In 1963, this company became Byblos Bank S.A.L. Bassil holds a Doctoral Degree in Law ( Ph.D.) from the Catholic University of Louv ...
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