Our purpose and values

We seek to provide our customers with a relationship-based banking experience, whilst caring for their financial well-being. This is achieved by understanding each customers’ unique needs and by offering innovative products that are supported by high service levels; in addition to consultancy specifically aimed at increasing personal wealth and business success.

Our values are the cornerstone of our dealings with customers and stakeholders. Drawn from the Bank’s history and banking acumen, our values are built around the importance of Ethics, Professionalism, Care and Transparency.

BSL BANK promotes Ethics in dealing with its customers and stakeholders in a moral and rightful way.

Professionalism is defined by the Bank’s courtesy, swift actions and highly efficient service.

At all times, the Bank Cares for its customers’ financial well-being, consulting in a way that serves their long-term interests.

The Bank’s Transparency is born out of a belief that all parties are best served through a meaningful, long-term partnership with a commitment to total openness and frank communications.

BSL BANK’s faith in traditional values and its track record of exceptional banking services give it durability, strength and progressive evolution.

Our history

1863

The bank was established in 1863 as the Ottoman Imperial Bank (OIB) with French and British shareholding.

Our history

1919

Following the collapse of the Ottoman Empire after World War I, Paribas took over OIB in 1919 and renamed it Banque de Syrie.

Our history

1924

The bank’s name is changed to Banque de Syrie et du Grand Liban and is granted the privilege of issuing banknotes in Lebanon and Syria.

Our history

1939

The bank’s name is changed to Banque de Syrie et du Liban (Bank of Syria and Lebanon) and the privilege ofissuing banknotes is extended until 1963.

Our history

1963

Following the establishment of the Central Bank of Lebanon, the bank becomes a fully-fledged commercial bank operating only in Lebanon and its name is changed to Société Nouvelle de la Banque de Syrie et du Liban.

Our history

1987

Mrs. Nadia El Khoury acquires the majority of the bank’s shares from Paribas.

Our history

2012

On July 04, 2012, the bank’s name is changed to BSL BANK S.A.L.

Strategy

BSL BANK is a mid-sized Lebanese bank, operating in Lebanon. Our development is based on three core activities: Retail Banking, Commercial Banking and Treasury and Capital Markets. Our strategy focuses on the needs of our customers, which are central to the development of products and financial solutions. Our long-term strategy however, rests on our responsibility as bankers to assist our clients in their financial decisions and help them to avoid over-indebtedness, and drive productive investments. This strategy has helped the Bank to build a strong reputation as a highly trusted Bank with a conservative risk appetite and disciplined policy.

As a mid-sized Bank, our skilled human capital gives us the advantage of flexibility, the dynamics of innovation, and a high responsiveness capacity.

Retail Banking
BSL BANK provides individual clients with customer-focused, needs-based financial services through its 18 branches across all of the major cities in the country. Experienced Retail Banking Officers provide trusted financial advice to customers, caring for their long-term finances.

On top of regular banking products, the bank has proven its ability over the past period to design competitive retail products with a truly innovative edge that are tailored to customers’ needs.

Commercial Banking
The bank serves a diverse range of commercial customers ranging from domestic middle market businesses, to large corporates that have greater volumes and often operate across borders. The bank offers a wide array of credit extension, commercial loans, incentive loans, energy loans and project financing, as well as trade facility services. Dedicated Relationship Managers enable the bank to create ever-greater levels of trust and provide commercial customers with a personal touchpoint, ensuring that their short, medium and long-term financial arrangements are expertly managed.

Through the adoption of a nuanced approach to commercial relationship management, the provision of professional advisory services, and delivery of adapted financial solutions to each and every company within its particular core activity, BSL BANK has strengthened its ability to focus on its commitment to developing long-term customer relationships, placing their businesses objectives at the heart of its operations.

Treasury and capital markets
Helping customers make clear decisions and sound investments, BSL BANK has a dedicated team of professionals that provide customers with up-to-date, clear, concise and experienced advice.

For private banking customers, BSL BANK advises on capital markets, including brokerage and securities trading on both the local and international stock exchanges. Expert counsel is also available to customers seeking advice on stocks, bonds and derivatives; ensuring that private customers benefit from a comprehensive suite of advisory services as they seek to build wealth for the long-term.

In addition, the Bank’s Commercial Relationship Managers work on an ongoing basis to ensure that business customers receive personalized treasury and cash management services. Continuous coordination means that businesses are able to optimize currency conversions, whilst also achieving a low risk exposure.

Board of Directors

Chairman of the board

Board of Directors

Mr. Ramsay El Khoury

Mrs. Mia El-Khoury Ayoub S.E. Joseph Chaoul Mr. Riad Mansour Me. Michel Tueini Mr. Youssef Ghosn Mr. Elie Chartouny Mr. Henri Nashawati



Management team

General Manager

Deputy General Manager

Management

Mr. Elias Alouf

Mr. Nicolas Saliby

Mr. Negib Kasis - Chief Administration Officer Mrs. Maya Azzi - Head of Treasury and Capital Markets Mrs. Huguette Rayess - Head of Prime Customers Mrs. Nadine Azar - Head of Credit Mr. Fady Abou Diwan - Head of Risk Mr. Ibrahim Bassil - Head of Operations Mr. Nabil Choueiry - Head of Consumer Banking Mr. Kamal Abi Fadel - Head of Commercial Mr. Charbel Watfa - Head of Financial Control Mr. Antoine Daoud - Head of Accounting Mr. Alain Maalouf - Head of Compliance Mrs. Petty Bathish - Head of Human Resources Mrs. Hind Fadel - Head of Marketing