Home  /  The Group  /   Profile
Send this page  Print Text: T | T


BLOM BANK is a leading Lebanese bank which has repeatedly and unanimously been selected as the Best Bank in Lebanon by the most recognized regional and international institutions. Its successful business operations are based on a universal banking modal including: Commercial Banking, Corporate Banking, Private Banking, Investment Banking, Asset Management, Retail Banking, Islamic Banking, Brokerage Services, and Insurance Products and Services.

As one of the oldest established banks in Lebanon, if not in the region, BLOM BANK has always been at the center of the country’s banking system. Its universal banking services revolve around trust and credibility, built with its clients through long-term personal relationships, integrity, and strong financial results that it has consistently delivered. BLOM BANK is proud to have become over the years its clients’ preferred banking partner and investment reference, meeting all their financial needs and ensuring their “Peace of Mind”. BLOM BANK is also proud to extend this “Peace of Mind” to the larger community, through its de-mining initiative the BLOM MASTERCARD “Giving Card”, its educational initiative “BLOM shabeb”, its safe schools program “ProtectED”, and its recycling program for a greener environment “Green Cycle”.

Throughout the years, BLOM BANK has also maintained a track record of exceptional performance and growth that carried over to this year, despite the unstable political and economic conditions facing Lebanon and the region. BLOM’s operational and managerial efficiency has enabled it to maintain in 2013 the lowest cost–to-income ratio among its peers at 37.7%, which helped generate a rise in its 2013 profits to $352 mn. This also implied the highest return on average common equity among listed banks at 16.7%. In addition, assets increased to a total of $26.1 bn and customers deposits increased to a total of $22.6 bn. Moreover, total loans rose to $6.3 bn, with retail loans increasing to $2.4 bn and constituting the largest share in the Lebanese market.

The Bank also attained outstanding safety indicators, for gross non-performing loans to gross loans stood at 4.9% with a coverage ratio by special provisions of 75%, rising to 125% when accounting for real guarantees. Also, the liquidity ratio was 66% and the capital adequacy ratio according to Basel III was 16.83 percent.

BLOM BANK’s strategy is based on measured regional expansion to markets with strong fundamentals and on the diversification of its universal services that has placed it at the fore front of Arab banks in the region. As a result, BLOM BANK has the widest foreign presence among Lebanese Banks, and is currently present in the following 12 countries: Lebanon, Syria, Jordan, UAE, France, UK, Switzerland, Romania, Cyprus, Egypt, Qatar, and Saudi Arabia. It conducts its worldwide operations through a network of 213 banking and financial units, either directly or through its subsidiaries, which are: BANK OF SYRIA AND OVERSEAS, BLOM BANK FRANCE, BLOM BANK (SWITZERLAND), BLOM BANK EGYPT, BLOM EGYPT SECURITIES, SYRIA AND OVERSEAS FOR FINANCIAL SERVICES, BLOM BANK QATAR, BLOMINVEST SAUDI ARABIA, BLOMINVEST BANK, BLOM DEVELOPMENT BANK (ISLAMIC BANK), AROPE INSURANCE, SYRIA INTERNATIONAL INSURANCE-AROPE SYRIA, AROPE INSURANCE OF PROPERTIES AND RESPONSIBILITIES – EGYPT, AROPE LIFE INSURANCE – EGYPT and EXPERTS FOR FINANCIAL SERVICES - JORDAN. In this respect, the Bank serves the niche market of Lebanese and Arab expatriates in Europe, and acts as one of the trusted local commercial and investment banks in the Middle East.

In its drive to diversify its revenue base and enrich its asset class, the bank is constantly looking to strengthen its regional expansion in the medium-to long-term, adopting an organic growth strategy and adhering to its conservative but rewarding business model. To this end, the Bank expanded to Iraq in early 2014, the newest addition to its portfolio of countries. As always, the Bank will be capitalizing on its regional competitive edge in terms of common culture, existing relationships, and the replicability of its excellent products.

Select Group Entities
Delivery Channels
LebanonCyprusJordanFranceUAEUnited KingdomRomaniaSwitzerlandSyriaEgyptSaudi ArabiaQatarIraq
List of Banks No. 14. Copyright 2013 BLOM BANK. All rights reserved. - Disclaimer