Fransabank

Fransabank 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 in Ivory Coast. The Group also ranks first in terms of local branch network with 125 branches strategically spread all over the country.[1]

Fransabank S.A.L
public
IndustryFinancial Services
Founded1921 (1921)
Headquarters
Beirut
,
Lebanon
Number of locations
125 branches
ProductsBanking
Websitefransabank.com

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.

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