Fransabank

Fransabank S.A.L

Company type	public
Industry	Financial services
Founded	1921; 103 years ago (1921)
Headquarters	Beirut , Lebanon
Number of locations	125 branches
Products	Banking
Website	fransabank.com

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.[1]

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
• Banque Libano-Française
• Crédit Libanais
• Saradar Bank
• Société Générale de Banque au Liban (SGBL)
• Lebanese Swiss Bank
• List of banks in Lebanon

External links

• Official Website

References

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