# Banque BEMO

> Source: https://docs.barcoder.ai/docs/wallets/bemo-bank
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BEMO — official](https://www.bemobank.com/)

## Key details

- **Launch:** 1964

## Overview

**Banque BEMO** is **Lebanese commercial bank** + **Obegi family Lebanese founding family + Lebanese retail + institutional + foreign investors free float** + **one of Lebanon's mid-sized commercial banks** + **founded 1964 in Beirut Lebanon as Banque BEMO Obegi family commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019** <sup>[1][1], [Lebanon report](https://docs.barcoder.ai/docs/payments/LB)</sup>.

## History

**1964 — Banque BEMO SAL founded in Beirut Lebanon as Banque BEMO by Obegi family Lebanese founding family** distinctive Lebanese banking heritage as Obegi family-owned commercial bank.

**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 — BEMO Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Banque BEMO SAL** (Lebanese commercial bank).

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

**Regulators**: **Banque du Liban BdL + national regulators across 3+ countries**.

## Technical integration

BEMO Mobile app (iOS + Android) + bemobank.com online + Banque BEMO branch network across Lebanon + Cyprus + Syria (BEMO Saudi Fransi Banque) international branches + BEMO 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](https://docs.barcoder.ai/docs/wallets/byblos-bank) (Byblos Bank; BSE: BYB) + [Bank of Beirut](https://docs.barcoder.ai/docs/wallets/bank-of-beirut) (Bank of Beirut; BSE: BOB) + [Fransabank](https://docs.barcoder.ai/docs/wallets/fransabank) (Fransabank SAL) + [BankMed](https://docs.barcoder.ai/docs/wallets/bankmed) (BankMed) + [Société Générale de Banque au Liban (SGBL)](https://docs.barcoder.ai/docs/wallets/sgbl-lebanon) (SGBL) + [Banque Libano-Française (BLF)](https://docs.barcoder.ai/docs/wallets/banque-libano-francaise) (Banque Libano-Française BLF) + [Crédit Libanais](https://docs.barcoder.ai/docs/wallets/credit-libanais) (Crédit Libanais; EuroMTF: CRDL) + [BBAC (Bank of Beirut and the Arab Countries)](https://docs.barcoder.ai/docs/wallets/bbac-lebanon) (BBAC) + [IBL Bank](https://docs.barcoder.ai/docs/wallets/ibl-bank) (IBL Bank).

**Regulators**: Banque du Liban BdL + national regulators across 3+ countries.

## Status

**Crisis-active, Lebanese commercial bank + Obegi family Lebanese founding family + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded 1964 in Beirut Lebanon as Banque BEMO Obegi family commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bemobank.com/ "BEMO — official"
[2]: https://en.wikipedia.org/wiki/Banque_BEMO "BEMO — Wikipedia"
[lb-cro]: https://docs.barcoder.ai/docs/payments/LB

- [1] [BEMO — official][1]
- [2] [BEMO — Wikipedia][2]
- <sup>[Lebanon report](https://docs.barcoder.ai/docs/payments/LB)</sup> In-corpus: `reports/countries/LB-lebanon.md`

## Source

Biography extracted from [bemo-bank.md](https://docs.barcoder.ai/source/wallets/bemo-bank). See `matrix.md` for standards-support matrix if present.