Intercontinental Bank of Lebanon

Intercontinental Bank of Lebanon (IBL Bank, Arabic: انتركونتيننتال لبنان) one of the financial banks in Lebanon, established in 1961 as Development Bank SAL (بنك الإنماء).[1]

Sin el Fil branch

In September 1998, the majority of the bank's shares were bought by a group of Lebanese and foreign investors.[2][1]

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).

The bank has 20 branches in Lebanon, in addition to branches in Cyprus , Erbil , Baghdad and Basra.[1]

IBL Bank's head office and main branch are located in Achrafieh, Beirut.[3]

Key people
  • Salim Habib, Chairman and General Manager (formerly a member of parliament)[2]
  • Kamal Abi Ghosn, Executive Member of the Board[4]
  • Dr. Elie A. Assaf, Independent Member of the Board[4]
  • Me. Michel J. Tuéni, Executive Member of the Board[4]

See also

References
  1. "انتركونتيننتال بنك يزيد رأس ماله إشارة إلى احترام المصارف التزاماتها". annahar.com. Retrieved 2021-02-25.
  2. "Intercontinental plans move into private banking | Business , Local | THE DAILY STAR". www.dailystar.com.lb. Retrieved 2021-02-25.
  3. "Timeline". IBL. Retrieved 2021-02-25.
  4. "Board of Directors". IBL. Retrieved 2021-02-25.
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