Lebanese Swiss Bank
 | |
| Financial Institution | |
| Industry | Bank |
| Founded | 1962 in Beirut, Lebanon |
| Headquarters |
Emile Edde Street, |
Key people |
Dr. Tanal Sabbah (Chairman and General Manager) |
| Products | Retail, Corporate, and Private Banking |
| Website |
www |
Lebanese Swiss Bank SAL (abbreviated as LSB) is a Lebanese financial institution established in 1962 and headquartered in Beirut, Lebanon. LSB offers various banking products and services covering Retail, Corporate, and Private Banking to a diversified client base.
Historical Overview
Lebanese Swiss bank[1] was originally licensed in the early 1962 in Lebanon. In 1973, it was acquired by Credit Suisse, Zurich which controlled 99.01 percent of shares operating under the name of Credit Suisse (Moyen-Orient) SAL.
Years later in 1988 the bank’s shares were acquired by a group of Lebanese investors and businessmen and the name was changed to Lebanese Swiss Bank SAL.
Dr. Tanal Sabbah was appointed Chairman of the Board[2] and General Manager.
The current group of shareholders that took over the bank in 1988 pursued a policy of providing the highest quality banking services to its clients while spreading in the various geographical areas in Lebanon and shortly in the region.
Currently Lebanese Swiss Bank has 18 local branches[3] with its Head Office in Hamra area, and aiming at diversifying further locally and regionally.
With its quality service policy supported by international correspondents’ network, committed and loyal client base, and well qualified devoted and trained staff, Lebanese Swiss Bank prides itself with its efficient operation translated by its exceptional financial ratios over the past years.
Board of Directors
| Dr. Tanal Sabbah | Chairman |
| Mr. Ibrahim Fouad Kombargi | Vice Chairman |
| Mr. Nabil Khairallah | Member |
| Mr. Amer Kowatly | Member |
| Mr. Louis Abi Habib | Member |
| Mr. Hadi Kabalan | Member |
| Ms. Fadila Sabbah | Member |
| Mr. Jirayr Habibian | Member |
| Mr. Mounir Seifedine Karam | Member |
| Mr. Issa Elias Sahyoum | Member |
References