
Fransabank acquired BLC Bank SAL along with its two subsidiaries, BLC Services SAL and BLC Finance SAL.

Fransabank concurrently purchased 34% of the share capital of Fransabank (France) SA held by Crédit Agricole SA (bringing its participation in the share capital to 100%), and sold 40% of the share capital of Fransabank (France) SA to Financière Océor, a subsidiary of Groupe Caisse d'Epargne (France), following which the Bank's participation in the share capital of Fransabank (France) SA is 60%.

Fransabank established a representative office in Tripoli, Libya.