Wallets/ibl-bank
IBL Bank
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Overview
IBL Bank is Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded Apr 26 1961 in Beirut Lebanon as Intercontinental Bank of Lebanon IBL operating amid ongoing Lebanese banking + economic crisis since 2019 1, Lebanon report.
History
Apr 26 1961 — Intercontinental Bank of Lebanon IBL founded in Beirut Lebanon as Lebanese commercial bank distinctive Lebanese 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 — IBL Mobile banking app launch.
Ownership & operator
Operating entity: IBL Bank SAL (Lebanese commercial bank).
Major shareholders: Lebanese retail + institutional + foreign investors free float.
Regulators: Banque du Liban BdL + national regulators across 2+ countries.
Technical integration
IBL Mobile app (iOS + Android) + ibl.com.lb online + IBL Bank branch network across Lebanon + Cyprus international branches + IBL 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) + Banque Libano-Française (BLF) (Banque Libano-Française BLF) + Crédit Libanais (Crédit Libanais; EuroMTF: CRDL) + BBAC (Bank of Beirut and the Arab Countries) (BBAC).
Regulators: Banque du Liban BdL + national regulators across 2+ countries.
Status
Crisis-active, Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded Apr 26 1961 in Beirut Lebanon as Intercontinental Bank of Lebanon IBL operating amid ongoing Lebanese banking + economic crisis since 2019 1, 2.
Sources
- 1 IBL — official
- 2 IBL — Wikipedia
- Lebanon report In-corpus:
reports/countries/LB-lebanon.md
Source
Biography extracted from ibl-bank.md. See matrix.md for standards-support matrix if present.