| | | | IBL Bank | | The Bank was incorporated on May 5, 1961, as a Société Anonyme Libanaise (joint stock Company) under the name of “Development Bank SAL” with a capital of LBP 8 million for a period of 99 years.
In 2011, the Bank established IBL Investment Bank SAL (IBL Invest), a fully owned Lebanese specialized bank. IBL Invest aims to provide value-added investment banking services, meeting the needs of its clients and targeting new regional markets, namely the Gulf Markets. The main business line will be advisory, corporate finance and wealth management services. IBL Invest started its operations during the first quarter of 2011.
The strong growth the Bank achieved since 1998 was coupled with and fostered by continuous investments in human capital, either organically through seminars, training sessions and effective Human Resources management or externally by recruiting skilled managers and dynamic young staff. | | | | | | 984 | | |
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