Fransabank (
Arabic
Arabic (, ' ; , ' or ) is a Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walte ...
: فرنسبنك ) is one of the oldest
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Becau ...
s in
Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to Lebanon–Syria border, the north and east and Israel to Blue ...
. Today, Fransabank Group has a consolidated presence in eight countries: Lebanon, France, Algeria, Sudan, Belarus, Iraq, UAE (Abu Dhabi) and in 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 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.
See also
*
BankMed
Bankmed SAL (Arabic: بنك البحر المتوسط ش.م.ل; formerly ''Bankmed SAL)'' is a Lebanese bank, established in 1944, owned by the holding company ''GroupMed''. It is one of Lebanon’s top five banks by both assets and deposits, and ...
*
Banque Libano-Française
*
Crédit Libanais
*
Saradar Bank
*
Société Générale de Banque au Liban (SGBL)
*
Lebanese Swiss Bank
*
List of banks in Lebanon
This is a list of banks in Lebanon.
List of banks
Central bank
* Banque du Liban (BDL)
List of Banks
Lebanese based banks sorted by their significant presence domestically and overseas:
* Bank Audi
* Byblos Bank
* Bank of Beirut
* Bank of ...
External links
Official Website
References
{{reflist
Banks established in 1921
Banks of Lebanon
Companies based in Beirut