In response to economic and operational challenges, a number of branches in Lebanon were strategically reorganized . This decision was driven by the need to streamline operations and adapt to the evolving market conditions.
The bank made notable progress in transaction banking, expanding its reach to more businesses. This growth highlights a strategic focus on enhancing services related to payment processing, cash management, and other transaction-based solutions, while reinforcing its position as a market leader in financial operations within the Medical Sector in Lebanon.
In response to economic and operational challenges, a number of branches in Lebanon were strategically reorganized . This decision was driven by the need to streamline operations and adapt to the evolving market conditions.
The bank made notable progress in transaction banking, expanding its reach to more businesses. This growth highlights a strategic focus on enhancing services related to payment processing, cash management, and other transaction-based solutions, while reinforcing its position as a market leader in financial operations within the Medical Sector in Lebanon.
Bank of Beirut signed a partnership with DHL Express allowing a faster renewal of passports from abroad for Lebanese expatriates
Bank of Beirut cooperates with MasterCard to provide an online payment platform in support of small merchants
Bank of Beirut launched a branch exclusively to serve corporates and businesses operating in the Sultanate of Oman
Bank of Beirut insurance arm, Beirut Brokers s.a.r.l. and Beirut Life s.a.l. started operating under the commercial name of Beirut Insurance Group, leveraging the strengths and resources of both entities
Bank of Beirut worked in tandem with its Fintech and Money Transfer Arm, BoB Finance, to fill the gap of banks in crisis-hit Lebanon, launching a digital wallet
Bank of Beirut’s Fintech and Money Transfer Arm, BoB Finance witnessed a large expansion of its local network to reach 850 outlets spread across Lebanon
Digital banking solutions catering for NGOs are launched to help nonprofits distribute aids to unbanked beneficiaries hit by Lebanon’s economic crisis
Bank of Beirut backed businesses affected by the Beirut Port blast, offering them facilities at zero% to repair their offices and re-launch their activity
Bank of Beirut invests in a new landmark for its new headquarters in Australia
Bank of Beirut (UK) Ltd has acquired the prestigious 66 Cannon Street property located in the City of London’s financial district for its new headquarters
Bank of Beirut launches the Bank’s digital identity “DIGI”, a complete suite of digital services easily, safely and paperless, by virtue of the most advanced digital technologies
Bank of Beirut Becomes Signatory of the Investors for Governance & Integrity Declaration (IGI).
.Donates 4 vehicles to l’Ecoute NGO in support of their work in the recycling field, offering further support to physically challenged individuals
.Launches its accessibility project whereby branches, ATMs and website were turned accessible for all individuals
.Bank of Beirut launches a new environmental / recycling initiative at bank and national level, engaging with l’Ecoute NGO
.Bank of Beirut joins the Global Compact Network – Lebanon and commits to the 17 SDGs
Bank of Beirut Wins 5 Banker Middle East Awards: “Fastest Growing Bank”, “Best Retail Bank”, “Best Commercial Bank”, and “Best Transaction Bank”, while Bank of Beirut Chairman Dr. Salim Sfeir was also granted the “Chairman Lifetime Award”
Bank of Beirut Futsal Club wins the Bronze Medal of the Asia Futsal Club Championship, a first in Lebanon
Bank of Beirut is awarded the 2018 Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class MT103 Straight Through Processing (STP)
Bank of Beirut is awarded the ISO 22301 certification in Business Continuity Management by the British Standard Institution (BSI)
Bank of Beirut donates 10 ambulances to the Lebanese Red Cross at the Lebanese Presidential Palace
A Blood Donation drive held in collaboration with the Lebanese Red Cross in Downtown Beirut
Bank of Beirut’s Group Internal Audit upgrades its ISO Certification to the latest version (9001:2015)
The Bank supports youth robotics endeavors and competitions at various universities, including AUB Engineering Design Challenge and NDU VEX
Bank of Beirut announces Merit S.A.L as a new shareholder with a 4.5% stake in the ordinary share capital of the Bank
Laserfiche 2018 Tom Wayman Leadership Award
Bank of Beirut announces Sarkis Nassif as a new shareholder with a 5% stake participation in the Bank’s capital
Launches the Employee Wellness Program along with several Awareness seminars and First-Aid trainings.
Holds a blood donation drive in collaboration with the Lebanese Red Cross in Downtown Beirut
Launches its sustainable initiative, distributing food supplies during Ramadan and Christmas
Support CleverNes in breaking the Guinness World Record for the largest Recyclable plastic Mosaic
Bank of Beirut introduces the "Hybrid Banking" concept through its first of its kind flagship branch in Jdeide B115
Opening of Bank of Beirut’s first set of “Satellite” community branches opened in remote areas, a first of its kind in the Lebanese Banking sector
Bank of Beirut is awarded by Banker ME for its “Best Insurance Product – The Savings Plans”, “Best Online Banking Service”, “Best SME Product – B Business”.
Bank of Beirut is recognized by Banker ME as “Best Transaction Bank” and “Best Commercial Bank”.
Salim G. Sfeir, Chairman - CEO of Bank of Beirut, is nominated Best Banker for the year 2016 for his Outstanding Contribution to Banking and Finance” by Banker Middle East.
USD 100 Million non-cumulative, redeemable Preferred Shares (Series “K”) are issued.
USD 50 Million new common shares are issued.
Partnership with the Lebanese Red Cross
Chairman-CEO of Bank of Beirut was recognized as “Banker of the Year in the MENA Region” at the Banker ME Industry Awards.
Bank of Beirut expands its local network.
Bank of Beirut is awarded by Banker ME for its “Best Fund”, “Best Cash Management”, “Best Home Finance Product” and Best SME Card”.
The B-Smart network is expanded.
Bank of Beirut expands its local network.
Bank of Beirut is awarded by Banker ME as the “Fastest Growing Bank in Lebanon".
The Premium Lounge serving high net-worth clients is initiated.
Bank of Beirut is awarded by MasterCard for the success of the first NGO project in Lebanon “Caritas Affinity Card”.
USD 75 Million non-Cumulative, Perpetual, Redeemable Preferred Shares (Series “J”) are issued.
The Walk, Sultanate of Oman, is the fourth established Branch.
A new credit card with earnings to the works and missions of Caritas is launched.
FATCA (Foreign Account Tax Compliance Act) is abided by and is strictly implemented.
CCDM (Cash and Check Deposit Machines) are put on the market.
Bank of Beirut has successfully gone live on Misys Sophis VALUE.
CashBack loyalty program is launched in November.
B-Smart, our 24/7 virtual branch, opens its doors in December.
Bank of Sydney Ltd becomes the new name for the Australian subsidiary.
The new logo reflects the restyled corporate identity.
Bank of Beirut Online Banking renders the Bank the leading provider of cash management services to commercial clients in Lebanon.
USD 125 Million non-Cumulative, Perpetual, Redeemable Preferred Shares (Series “I”) are issued.
Bank of Beirut policy “Know Your Customer” (KYC) is adhered to.
Bank of Beirut teams with Caritas to assist less fortunate people.
The state-of-the-art Disaster Centre started its operations in October.
The university Affinity Card programs are promoted in 6 universities.
Bank of Beirut is the first bank to open till 10 p.m.
USD 135 million non-Cumulative, Perpetual, Redeemable Preferred Shares (Series "H") are issued.
A branch in Frankfurt, Germany, is established by Bank of Beirut (UK) Ltd.
Salim G. Sfeir, Chairman of Bank of Beirut, is elected Banker of the Year.
The Academy is established.
USD 75 million non-Cumulative, Perpetual, Redeemable Preferred Shares (Series "F") are issued.
Bank of Beirut breaks all records for housing loans issued in Lebanese Pounds.
Sohar, Sultanate of Oman, is the second initiated Branch.
Bank of Beirut teams up with EIB (the European Investment Bank) for SME-centric credit programs.
USD 60 million non-Cumulative, Perpetual, Redeemable Preferred Shares (Series "E") are issued.
Visa Infinite Card is introduced.
Charity and sports programs are sponsored.
Bank of Beirut teams up with IFC for SME-centric credit programs.
"Bank of Beirut Invest SAL" (a wholly-owned Investment Bank regulated by the Central Bank of Lebanon) is incorporated.
The Muscat Shatti El Korm Branch, Sultanate of Oman, is established.
The Education Savings Account is launched.
The Corporate Governance Guidelines are instituted.
A Representative Office in Lagos, Nigeria, is established.
USD 34.5 million Cumulative, Convertible, Callable Preferred Shares (Series "B") are issued.
"Beirut Riyadh Bank SAL" (medium-size Lebanese bank) is acquired.
"Bank of Beirut (UK) Ltd.", fully owned subsidiary in the United Kingdom, is established.
USD 55 million Cumulative, Convertible, Callable Preferred Shares (Series "A") are issued.
First Lebanese investment Fund is launched.
Bank of Beirut Cards are launched.
Bank of Beirut begins to focus on SMEs.
"Beirut Brokers Company SARL" is instituted.
Bank of Beirut’s network reaches 30 branches.
A strategic alliance with Emirates Bank NBD sees the light.
The Bank is the first Lebanon-based bank to offer tailor-made asset and portfolio management services.
2 Risk Participation Agreements with IFC (International Finance Corporation) are signed.
A Matrix Management approach is adopted.
The 4-branch network of "Banque Libano-Bresilienne SAL" is acquired.
The current controlling group headed by Mr. Salim G. Sfeir acquires the five-branch Bank.
The Bank is renamed "Bank of Beirut s.a.l".
"Realty Business Bank s.a.l," is born in the heart of the Lebanese capital city.
Bank of Beirut – List of Banks: 75 | Online banking services licensed by virtue of BDL letter number 11/629 dated October 2, 2008 | 2020 Bank of Beirut s.a.l. all rights reserved