BYBLOS BANK S.A.L.

BYBLOS BANK S.A.L.

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Company Overview
Byblos Bank SAL, with registered office located in Beirut, Lebanon, provides various banking and insurance products to individuals and businesses. It offers a range of deposit products, including current/checking, EasySave, term deposits, and special savings accounts. The company’s loan portfolio includes housing, personal, new and used car loans, and corporate loans. It also provides commercial loans, including overdraft; short, medium, and long term loans; discounted commercial bills; letters of credit; import/export financing; letters of guarantee; and foreign exchange services. In addition, the company also offers various bank cards, such as debit card, platinum Master card, Master card and Visa, Web card, credit card, and cool card; and investment banking services, as well as provides phone banking, Internet banking, interest rates and transfers, and automated teller machine services. Byblos Bank SAL was established in 1950 as Sociйtй Commerciale et Agricole Byblos Bassil Frиres & Co in the ancient Phoenician town of Byblos. The company initially dealt with natural silk and leather tanning and carried out some lending activities related to the agricultural, commercial and transportation sectors.
Byblos Bank is one of the leading banks in Lebanon. The company operates 74 branches in Lebanon and six branches abroad (Cyprus, Belgium, United Kingdom, France, Syria, and Sudan).
Business Summary
Commercial Bank
Description and history
Established in Jbeil (Byblos), Lebanon, in 1950, the Bank is a financial institution focused on domestic and selected overseas markets.
After nearly six decades of consistent growth, Byblos Bank now has an extensive branch network of 77 branches spread evenly across Lebanon. The Group also has expanded to several other countries, including Armenia, Belgium, Cyprus, the Democratic Republic of
the Congo, France, Iraq, Nigeria, Sudan, Syria, the United Arab Emirates, and the United Kingdom.

MAJOR LINES OF BUSINESS
— Consumer Banking
— Commercial Banking
— International Banking
— Financial Markets

HISTORY:
On 1950 Establishment of Sociйtй Commerciale et Agricole Byblos Bassil Frиres & Co., engaged in natural silk and leather tanning and agricultural credit activities.
The company initially dealt with natural silk and leather tanning and carried out some lending activities related to the agricultural, commercial and transportation sectors.
In 1961, the Company s name was changed to ‘Sociйtй Bancaire Agri-cole Byblos Bassil Frиres et Co’. In 1963, the new adopted name became Byblos Bank SAL and was registered at the newly established Central Bank.
International & Local expansion 1976
During the 1975 civil war, the Bank expanded internationally by establishing a sister bank in Brussels (1976) and branches in Paris (1980), London (1981) and Limassol/Cyprus (1984). It focused on assisting a selected Lebanese and Arab clientele. It also served as correspondent banker for selected banks in some Middle Eastern countries.
In 1983, ADIR, the group s insurance and reinsurance company, was established.
At the end of the war, the Bank pursued a local expansion strategy, with a focus on retail banking.
Leadership in Retail Banking 1990
The Bank successfully pioneered retail-banking products. It was the first to launch mortgage, personal lending and revolving credit card products. Byblos Bank provided financial services to small and medium size enterprises and to a selected corporate clientele. The Lebanese expatriates’ community continued to receive high priority for both their personal and business requirements.
Vote of Confidence 1993
The Bank has been granted several votes of confidence from the international financial sector since the early nineties, when in June 1993 it signed a ten year loan with the IFC, dedicated for the financing of commercial loans.
Fund Raising 1995
In December the Bank raised USD 23 million through a private placement of shares to sustain its retail and commercial banking expansion.
Reinforcing Housing Loans 1996
In June, the Bank signed a USD 10 million over ten years subordinated loan with the FMO of Holland. These funds were dedicated to the financing of housing loans. This was followed in July with the IFC signing of a USD 25 million over ten years loan dedicated for the financing of housing loans. In September the Bank raised another USD 50 million through a 3-year Eurobond issue.
Biggest Merger 1997
In May the Bank raised a further USD 100 million through a 5-year Eurobond issue and in December, it effected the largest Bank merger in the country’s history (with Banque Beyrouth pour le Commerce).
Europe Integration & Shares on BSE 1998
Byblos Bank Europe S.A. is integrated into Byblos Bank S.A.L. and in May of the same year, the Bank listed 30% of its outstanding shares on the Beirut Stock Exchange.
Record results 1999
The Bank signed a USD 69 million for ten years loan in December with the IFC which was dedicated to the financing of both housing and commercial loans.
As of December 31st, the Bank ranked 2nd in total equity and in profits, 3rd in total assets and in customer deposits among its Lebanese peers.
Facing the new millennium 2000
March and April witnessed the signing of a USD 15 million over ten years loan, with the FMO of Holland. The signing of a USD 10 million over ten years loan, with Proparco of France and a USD 5 million over seven years, with the Opec fund of Austriaa followed. The loans were dedicated to the financing of commercial loans. These facilities substantiate the Bank’s successful tapping of the international markets to diversify and extend the maturity profile of its funding, and provide relative easy access to international funding sources.
As of 31st of December 2000, the Bank ranked 2nd in total assets and in profits, 3rd in total equity and in customer deposits among its Lebanese peers*.
Partnerships & Acquisitions 2001
On May 2001, Byblos Bank group signed a partnership with the 5th largest French Bancassurrance Group ‘Natexis Banque Populaire’. The French Group acquired 34% of Adir.
On June 2001, Byblos Bank acquired Wedge Bank.
On November 2001, Byblos Bank acquired the assets of ING BARINGS in Lebanon.
As of 31st of December 2001, the Bank ranked 2nd in total profits, and 3rd in total assets among its Lebanese peers.
Further Steps Towards Strategic Direction 2002
On March 2002, the Bank was granted a USD 5 Million credit line from ‘Saudi Fund for Development’ SFD and to be the first Lebanese Bank to benefit from such facility.
On June 2002, The Bank issued USD 100 Million Subordinated Bonds to raise the capital.
On November 2002, the Bank acquired the assets and liabilities of ABN-AMRO Bank N.V. (Lebanon Branch)
As of 31st of December 2002, the Bank ranked 2nd in total assets, total profits, and in customer deposits among its Lebanese peers.
A Greater Role in the MENA Region 2003
On March 2003, the Bank issued USD 100 Million Preferred Shares to further raise its capital to USD 500 Million.
On August 2003, the Bank opens a new Bank in the MENA region, Byblos Bank Africa Ltd., located in Khartoum – Sudan.
On 2004 The Islamic Corporation for the Development of the Private Sector takes a 10%stake in Byblos Bank Africa, joining the OPEC Fund for International Development
(20%) as a minority shareholder.
On 2005 Opening of a Representativ Office in Abu Dhabi, UAE. Opening of Byblos Bank Syria S.A. with Byblos Bank S.A.L. holding 41.5% of shares, the OPEC Fund
7.5% and Syrian investors 51%.
On 2006 Commencement of Byblos Bank S.A.L. operations in Erbil, Iraq.
On 2007 Acquisition of 100% stake in Armenia’s International Trade Bank, renamed Byblos Bank Armenia in 2008.
On 2008 Opening of 75th branch of Byblos Bank S.A.L. in Lebanon. Issuance of USD 200 million in Series 2008 Preferred Shares. Acquisition of Unicredit Banca Di
Roma’s Lebanon branch.
On 2009 Listing on the London Stock Exchange. Issuance of USD 200 million in Series 2009 Preferred Shares. Opening of a Representative Office in Lagos, Nigeria.

Established as Sociйtй Commerciale et Agricole Byblos Bassil Frиres & Co in the ancient Phoenician town of Byblos; Initially dealt with natural silk and leather tanning and carried out some lending activities related to the agricultural, commercial and transportation sectors

Business Line
Provides various banking and insurance products to individuals and businesses
Subsidiary
ADONIS BROKERAGE HOUSE SAL
Advisor

IPO date
5/14/1998
US SIC Code
6021
Company Address
President Sarkis Tower – P.O. Box 11-5605
Byblos Bank SAL
City province or state postal code
ASHRAFIEH, BEIRUT
Phone: 961 (1) 335 200
Fax: 961 (1) 339 436
Country address: LEBANON
Website url: www.byblosbank.com.lb