In line with its international expansion, Banque Libano-Française opened its first branch in Iraq on November 1st, 2012. The BLF branch, located on the Outer Karrada main street in Baghdad, will serve Lebanese and Iraqi businessmen as well as international companies operating in this growing and dynamic market, which has traditionally been one of Lebanon's main destinations for exports and investments.
"Establishing a physical presence in Iraq is a strategic choice and we hope that being there will allow us to cater to the needs of our clients and partners and to contribute to the development of the banking and financial sectors", stated Maurice Iskandar, Head of the International Division at BLF and Member of its
Executive Committee.
Banque Libano-Française is embracing a global expansion strategy to maintain a closer relationship with the Lebanese wherever they may be; in a few years, the Bank has expanded from its Lebanese roots to establish a presence in France and Cyprus (Banque SBA), Switzerland (LF Finance Suisse), Syria (Bank Al-Sharq), the United Arab Emirates (Representative Office in Abu Dhabi) and lately Nigeria (Representative Office in Lagos). The Bank will continue to widen its international footprint while further developing its local network with 22% additional branches opening, in two years, on the Lebanese territory.
Contact:
Tania Rizk
Group Communications Director
tania.rizk@eblf.com
Tel.: +961 (1) 791 332 (ext. 1457)
Fax: +961 (1) 791 332 (ext. 1443)
For more info, visit BLF's website: www.eblf.com
© Press Release 2013
