Banque Libano-Française (BLF)

Overview

Banque Libano-Française (BLF) is Lebanese commercial bank + Saradar family Lebanese founding family + Lebanese retail + institutional + foreign investors free float + one of Lebanon's largest commercial banks by assets + founded Aug 24 1930 in Beirut Lebanon as Banque de Syrie et du Liban then 1967 Banque Libano-Française BLF rebrand operating amid ongoing Lebanese banking + economic crisis since 2019 ^{1, Lebanon report}.

History

Aug 24 1930 — Banque de Syrie et du Liban founded in Beirut Lebanon under French Mandate as French-Syrian-Lebanese central + commercial bank.

1967 — Banque Libano-Française BLF rebrand consolidating Banque de Syrie et du Liban into Saradar family-controlled Lebanese commercial bank distinctive Lebanese-French banking heritage.

Oct 17 2019 — Lebanese banking + economic crisis triggers Lebanese commercial banking sectoral collapse with capital controls + Lebanese Pound LBP currency collapse + Banque du Liban BdL Ponzi scheme allegations.

2014 — BLF Mobile banking app launch.

Ownership & operator

Operating entity: Banque Libano-Française BLF SAL (Lebanese commercial bank).

Major shareholders: Saradar family (Lebanese founding family) + Lebanese retail + institutional + foreign investors free float.

Regulators: Banque du Liban BdL + national regulators across 4+ countries.

Technical integration

BLF Mobile app (iOS + Android) + eblf.com online + Banque Libano-Française branch network across Lebanon + France + Cyprus + Iraq international branches + BLF Visa + Mastercard cards; EMVCo QRCPS QR payments + Lebanese Pound LBP + US Dollar USD domestic transfers (amid Lebanese banking + economic crisis since 2019).

Implementations & partners

Major Lebanese banking + payments competitors: Byblos Bank (Byblos Bank; BSE: BYB) + Bank of Beirut (Bank of Beirut; BSE: BOB) + Fransabank (Fransabank SAL) + BankMed (BankMed) + Société Générale de Banque au Liban (SGBL) (SGBL) + Crédit Libanais (Crédit Libanais; EuroMTF: CRDL) + BBAC (Bank of Beirut and the Arab Countries) (BBAC).

Regulators: Banque du Liban BdL + national regulators across 4+ countries.

Status

Crisis-active, Lebanese commercial bank + Saradar family Lebanese founding family + Lebanese retail + institutional + foreign investors free float + one of Lebanon's largest commercial banks by assets + founded Aug 24 1930 in Beirut Lebanon as Banque de Syrie et du Liban then 1967 Banque Libano-Française BLF rebrand operating amid ongoing Lebanese banking + economic crisis since 2019 ^{1, 2}.

Sources

• 1 BLF — official
• 2 BLF — Wikipedia
• ^{Lebanon report} In-corpus: reports/countries/LB-lebanon.md

Source

Biography extracted from banque-libano-francaise.md. See matrix.md for standards-support matrix if present.