Lebanon
Lebanon
France
Algeria
Sudan
Ivory Coast
Société Centrale de Banque in Beirut was acquired by Banque Française pour le Moyen-Orient SAL
(B.F.M.O.), a Lebanese company whose shares were predominantly owned by Banque Indosuez Group.
Banque Indosuez was also the major shareholder of Banque Sabbag SAL. Banque Indosuez merged these two banks under the name of Banque Sabbag et Française pour le Moyen-Orient SAL.
Banque Indosuez sold its shares in Banque Sabbag et Française pour le Moyen-Orient SAL to a financial group headed by Messrs. Adnan & Adel Kassar.
The Bank's denomination was changed to Fransabank SAL.
Fransabank concluded a cooperation agreement with Crédit Agricole SA – France. It led at first to the joint creation in Paris of Fransabank (France) SA, and to the participation of Crédit Agricole SA - France in the shareholding of Fransabank SAL. In line with its global strategy, Crédit Agricole SA exited from Fransabank (France) SA in 2007 and from Fransabank SAL shareholding in 2012.
Fransabank acquired the Assets & Liabilities of Chase Manhattan Bank's branches in Beirut.
Fransabank acquired Banque Tohmé SAL.
Fransabank concluded an agreement with Deutsche
Investitions - und Entwicklungsgesellschaft mbH (DEG), which led to the acquisition by DEG of 5% of the Bank’s share capital.
Fransabank established the Lebanese Leasing Company SAL.
Fransabank acquired Universal Bank SAL.
Fransabank established its insurance arm through its associated Company, Bancassurance SAL.
Fransa Invest Bank (FIB), investment banking subsidiary of Fransabank started its operations.
Fransabank acquired United Bank of Saudi & Lebanon SAL.
Fransabank acquired all the shares of Banque de la Békaa SAL, which was sold as an empty shell in 2007.
Fransabank acquired 37.067% in BBAC SAL.
Fransabank acquired Fransabank OJSC, formerly known as Golden Taler Bank.
BLC Bank opened its representative office in Abu Dhabi.
Fransabank established a representative office in Abidjan - Ivory Coast.
Fransabank launched Green Bonds exclusively dedicated to finance green energy projects. Fransabank Joined as a founding member of the China – Arab Countries Interbank Association.