BLC Bank Overview
- Year Founded
-
1949
- Status
-
Acquired/Merged
- Latest Deal Type
-
Project Financing
- Financing Rounds
-
6
- Investments
-
5
BLC Bank General Information
Description
Provider of commercial banking services intended for private and corporate clients in Lebanon. The company offers retail, corporate and private banking, insurance brokerage and asset management through a network of branches and digital channels, enabling individuals and enterprises to manage deposits, access credit facilities and utilize wealth management.
Contact Information
Website
www.blcbank.com(Operating Subsidiary)
Corporate Office
- BLC Bank Building
- Adlieh Square
- Beirut, 2064 5809
- Lebanon
Corporate Office
- BLC Bank Building
- Adlieh Square
- Beirut, 2064 5809
- Lebanon
BLC Bank Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
BLC Bank Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
BLC Bank Investments & Acquisitions (5)
BLC Bank’s most recent deal was a Later Stage VC with Sohati for . The deal was made on 20-Sep-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sohati | 20-Sep-2019 | Later Stage VC | Clinics/Outpatient Services | ||
| USB Holdings | 25-Aug-2015 | Corporate | National Banks | ||
| USB Holdings | 27-May-2015 | Corporate | National Banks | ||
| USB Holdings | 01-Jun-2011 | Merger/Acquisition | National Banks | ||
| AstroBank | Later Stage VC | Regional Banks |
BLC Bank Exits (4)
BLC Bank’s most recent exit was on 25-Aug-2015 from USB Holdings. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| USB Holdings | 25-Aug-2015 | Completed |
|
||
| USB Holdings | 27-May-2015 | Completed |
|
||
| USB Holdings | 01-Jun-2011 | Completed |
|
||
| AstroBank | Later Stage VC | Completed |
|
BLC Bank FAQs
-
When was BLC Bank founded?
BLC Bank was founded in 1949.
-
Where is BLC Bank headquartered?
BLC Bank is headquartered in Beirut, Lebanon.
-
What industry is BLC Bank in?
BLC Bank’s primary industry is National Banks.
-
Is BLC Bank a private or public company?
BLC Bank is a Private company.
-
What is BLC Bank’s current revenue?
The current revenue for BLC Bank is .
-
Who are BLC Bank’s investors?
Blom Bank, Qatar Investment Authority, and Qatar Supreme Council for Economic Affairs and Investment have invested in BLC Bank.
-
Who acquired BLC Bank?
BLC Bank was acquired by Fransabank Group.
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