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USB Bank PLC - Cyprus

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USB Bank PLC - Cyprus

In September 2010, BLC Bank SAL (68.58% owned by Fransabank SAL) acquired 9.9% of the shares of USB Bank PLC Cyprus to raise its contribution to 94% of total shares in February 2011, reflecting the Group’s expansionary vision in the region.
 
USB Bank PLC is a commercial bank offering all the services of a traditional bank, including management of accounts, consumer loans, the issuance / execution of transfers, international trade finance (documentary operations, letters of guarantee, etc) in advance with Cypriot regulations.
 
Shareholding
BLC Bank SAL, Lebanon
97.31%
Others
2.69%
 
Board of Directors


H.E. Mr. Maurice Sehnaoui
Chairman - ​Non Independent - Non Executive (BLC Bank)

Mr. Nadim Kassar
Non Independent - Non Executive (BLC Bank)

Mr. Nabil Kassar
Non Independent - Non Executive (BLC Bank)

H.E. Mr. Walid Daouk, Esq.
Non Independent - Non Executive (BLC Bank)​

Mr. Raoul Nehme
Non Independent (BLC Bank)

Fransabank SAL ​represented by Mr. Adel Kassar
Non Independent - Non Executive (shareholder in BLC Bank)​

Fransa Invest Bank SAL represented by Mr. Mansour Bteish
Non Independent - Non Executive (shareholder in BLC Bank)​

BLC Bank SAL represented by Mr. Yussef Eid, Esq.
Non Independent - Non Executive (BLC Bank)​

Mr. Andrea Theodorides
Executive - Non Independent (USB Bank)

Mr. Despo Polycarpou
Executive - Non Independent (USB Bank)

Mrs. Tania Moussallem 
Non Independent - Non Executive (BLC Bank)​

Mr. Georges Galatariotis
Independent - Non executive


Mr. Georges Stylianou
Independent - Non executive


Mr. Philippos Philis
Independent - Non executive


Mr. Agis Taramides
Independent - Non executive

Deputy Managing Director
Mr. Andrea Theodorides

17 Branches Subdivided Into:
6 Branches in Nicosia
3 Branches in Limassol
3 Branches in Paphos
3 Branches in Famagusta
2 Branches in Larnaca
​​
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No.1 on the list of banks. BDL Authorization No. 11/438 dated 21.09.2006. Designed and developed by Borninteractive