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Wallets/ibl-bank

IBL Bank

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Overview

IBL Bank is Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded Apr 26 1961 in Beirut Lebanon as Intercontinental Bank of Lebanon IBL operating amid ongoing Lebanese banking + economic crisis since 2019 [1, lb-cro].

History

Apr 26 1961 — Intercontinental Bank of Lebanon IBL 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 — IBL Mobile banking app launch.

Ownership & operator

Operating entity: IBL Bank SAL (Lebanese commercial bank).

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

Regulators: Banque du Liban BdL + national regulators across 2+ countries.

Technical integration

IBL Mobile app (iOS + Android) + ibl.com.lb online + IBL Bank branch network across Lebanon + Cyprus international branches + IBL 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; EuroMTF: CRDL) + [[bbac-lebanon]] (BBAC).

Regulators: Banque du Liban BdL + national regulators across 2+ countries.

Status

Crisis-active, Lebanese commercial bank + Lebanese retail + institutional + foreign investors free float + one of Lebanon's mid-sized commercial banks + founded Apr 26 1961 in Beirut Lebanon as Intercontinental Bank of Lebanon IBL operating amid ongoing Lebanese banking + economic crisis since 2019 [1, 2].

Sources

Source

Biography extracted from ibl-bank.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/ibl-bank/index.md