Bank of Lebanon and Investments (BLI)

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Key details

Launch: 1986

Overview

Bank of Lebanon and Investments (BLI) is Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded 1986 in Beirut Lebanon as Lebanese commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019 [1, lb-cro].

History

1986 — Bank of Lebanon and Investments BLI SAL founded in Beirut Lebanon as Lebanese commercial bank distinctive Lebanese banking heritage.

Oct 17 2019 — Lebanese banking + economic crisis triggers Lebanese commercial banking sectoral collapse with capital controls + Lebanese Pound LBP currency collapse + Banque du Liban BdL Ponzi scheme allegations.

2014 — BLI Mobile banking app launch.

Ownership & operator

Operating entity: Bank of Lebanon and Investments BLI SAL (Lebanese commercial bank).

Major shareholders: Lebanese retail + institutional + foreign investors free float.

Regulators: Banque du Liban BdL.

Technical integration

BLI Mobile app (iOS + Android) + bli.com.lb online + Bank of Lebanon and Investments branch network across Lebanon + BLI Visa + Mastercard cards; EMVCo QRCPS QR payments + Lebanese Pound LBP + US Dollar USD domestic transfers (amid Lebanese banking + economic crisis since 2019).

Implementations & partners

Major Lebanese banking + payments competitors: [[byblos-bank]] (Byblos Bank; BSE: BYB) + [[bank-of-beirut]] (Bank of Beirut; BSE: BOB) + [[fransabank]] (Fransabank SAL) + [[bankmed]] (BankMed) + [[sgbl-lebanon]] (SGBL) + [[banque-libano-francaise]] (Banque Libano-Française BLF) + [[credit-libanais]] (Crédit Libanais) + [[bbac-lebanon]] (BBAC) + [[ibl-bank]] (IBL Bank) + [[bemo-bank]] (Banque BEMO) + [[banque-misr-liban]] (Banque Misr Liban).

Regulators: Banque du Liban BdL.

Status

Crisis-active, Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded 1986 in Beirut Lebanon as Lebanese commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019 [1, 2].

Sources

1 BLI — official
2 BLI — via Lebanese banks list — Wikipedia
lb-cro In-corpus: reports/countries/LB-lebanon.md

Source

Biography extracted from bli-lebanon.md. See matrix.md for standards-support matrix if present.