Formerly Known As
Realty Business Bank until 1970
Principal Activities
Provides commercial banking services including deposits, loans and credit cards; asset management services including fund and portfolio management.
Date of Establishment Year
1963 (August)
No of Employees
1,340 (1,080 Company, 1,340 Group, N/A Headquarters) (As of Jul 22, 2011)
|
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
11 Mar 2011
Closing Date
11 Mar 2011
|
Zawya Industry Benchmarks  |
Yr 2010 |
| Assets Under Management - MENA (USD millions) |
497 |
Major Shareholders  |
Section Updated: 24Nov11
|
|
|
|
|
|
|
International Century Corporation Luxembourg (Holding)
|
Corporate |
Luxembourg |
28.00% |
|
Millet and Millet Incorporation
|
Corporate |
Lebanon |
10.00% |
|
Emirates NBD
|
Corporate |
UAE |
9.00% |
|
Public
|
|
- |
53.00% |
Foreign Ownership Limits
Section Updated: 23Dec09
|
| Direct Investments and Related Entities |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Bank of Beirut (UK) Limited |
Lebanon |
100.00% |
| Bank of Beirut Invest |
Lebanon |
100.00% |
| Beirut Brokers Company |
Lebanon |
100.00% |
| Cofida Holding |
Lebanon |
100.00% |
| BoB Finance |
Lebanon |
98.00% |
| Beirut Hellenic Bank |
Australia |
92.50% |
| Beirut Life |
Lebanon |
90.00% |
| Laiki Bank |
Australia |
85.00% |
|
| Investments |
|
|
Auditors
| Deloitte and Touche Middle East |
Fiduciaire du Moyen Orient |
Law Firms
| Soumrani Lawyers and Legal Counsel |
|
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
LBP'000 |
LBP'000 |
change (%) |
Total revenues  |
655,400,000
|
708,293,000
|
8.07 |
| Net profit |
115,057,000
|
151,756,000
|
31.90 |
| Total assets |
10,506,207,000
|
12,057,395,000
|
14.76 |
| Paid-up capital |
60,561,000
|
63,348,000
|
4.60 |
| Shareholders' Equity |
1,186,431,000
|
1,372,768,000
|
15.71 |
| Shares outstanding |
62,788
|
63,246
|
0.73 |
| Market capitalization |
1,774,727,930
|
1,773,391,545
|
(0.08) |
| Note: Current shares outstanding is 62,267,400 |
| » View Full Financials |
|
0.00%
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