IBL Bank sal Information

IBL Bank was incorporated in 1961 as a Joint Stock Company under the name of “Development Bank SAL” with a capital of LBP 8 million for a period of 99 years. The name IBL Bank sal was attained in 2008 based on a vision adapted by the Board of Directors in order to boost the Bank’s positioning and Brand awareness. As an Alpha Bank, we are currently operating through 20 national branches spread all over Lebanon, and 4 Branches abroad: the first in Europe (Cyprus - Limassol), and 3 Branches in Iraq (Erbil, Basra & Baghdad). Our business line covers commercial & corporate banking, retail banking & Investment Banking, focusing on the domestic & regional markets while determining to provide a first class customer service for our clients. IBL Bank was the first to introduce the Smart ATM in 2003 to the Lebanese Market, and the first Lebanese bank to enter the Iraqi market by opening a representative office in Erbil in 2005 which was later on developed to a fully operating branch in 2008. The Bank established IBL Investment Bank SAL (IBL Invest) in 2011, a fully owned specialized bank. IBL Invest aims to provide a value-added investment banking services, meeting the needs of its clients & targeting new regional market. The main business line and services provided are advisory, corporate finance & wealth management services. The strong growth that the Bank has achieved throughout the years was coupled with and fostered by the continuous investments in human capital, either organically through seminars, training sessions & effective Human Resources management or externally by recruiting skilled managers & dynamic young staff. Amid its track record of solid growth, rigorous risk management & adequate Capital levels, the Bank is in the process of developing its local & regional network. The Bank’s Head-Office & main branch are located in Achrafieh, Beirut. For more info please visit our website www.ibl.com.lb or Call us on +961-1-200350