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From its beginnings as a tiny local lender, Byblos Bank is now a major banking power with operations on three continents
 
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Home   »   About Us   »   The Byblos Bank Story
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The Byblos Bank Story
Established in Jbeil, Lebanon, in 1950, Byblos Bank has grown after nearly six decades into a full-fledged bank with an extensive branch network spread evenly across Lebanon.

Milestones

1950
Establishment of Société Commerciale et Agricole Byblos Bassil Frères & Co., engaged in natural silk and leather tanning and agricultural credit activities.
2010
Byblos Bank receives vote of confidence from international financial institutions as International Finance Corporation (IFC), member of the World Bank, invests USD 100 million in Byblos Bank shares, and Société de Promotion et de Participation pour la Coopération Economique (PROPARCO) invests USD 30 million .
2009
Opening of Representative Office in Nigeria.
2008
Opening of 75th branch of Byblos Bank S.A.L. in Lebanon; issuance of USD 200 million in Series 2008 Preferred Shares; acquisition of Unicredit Banco Di Roma's Lebanon branch.
2006
Commencement of Byblos Bank S.A.L. operations in Erbil, Iraq.
2005
Opening of Representative Office in Abu Dhabi, UAE.
2002
Acquisition of assets and liabilities of ABN AMRO Bank N.V.'s Lebanon branch.
2000
Acquisition of Wedge Bank Middle East's Lebanon branch; acquisition of assets of ING Barings' Lebanon branch.
1999
Acquisition of Bank of Nova Scotia's Lebanon branch.
1997
Acquisition of Banque de Beyrouth pour le Commerce; listing of 30 percent of shares on Beirut Stock Exchange.
1983
Establishment of Adonis Insurance and Reinsurance Company S.A.L. (ADIR).
1963
Company's name changed to Byblos Bank S.A.L. and registration with Central Bank of Lebanon.
1961
Company's name changed to Société Bancaire Agricole Byblos Bassil Frères & Co.
 
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