Blom Bank S.A.L. Regulation S GDR (BMBZF)

Overview

BLOM Bank SAL, along with its subsidiaries, serves as a comprehensive banking institution offering a wide array of financial services across several key markets including Lebanon, Europe, the Middle East, and North Africa. With a history dating back to 1951 and originally known as Banque du Liban et d'Outre-Mer before rebranding to BLOM Bank SAL in December 2000, the bank has established a significant presence. Its operations are segmented into four main areas: Treasury; Corporate Banking; Retail Banking; and Asset Management and Private Banking, each tailored to cater to the diverse needs of its customer base ranging from individual clients to large corporations and institutional investors. Headquartered in Beirut, Lebanon, BLOM Bank has grown to offer a comprehensive portfolio of banking and financial services.

Products and Services

The range of offerings from BLOM Bank SAL is extensive, designed to meet the varied needs of its client base across the domains of banking and finance.

• Treasury: This segment caters to investors and institutional customers, providing an array of treasury and investment products and services. These offerings help clients manage liquidity, investment portfolios, and financial risks effectively.
• Corporate Banking: BLOM Bank furnishes corporate and institutional customers with essential services such as deposit and current accounts, diverse loans and credit facilities, trade finance, and foreign exchange services. This comprehensive suite supports the financial operations and growth of businesses in various industries.
• Retail Banking: Serving individual clients, the Retail Banking arm provides deposits, housing loans, consumer loans, credit cards, funds transfer, and foreign exchange services among others. This segment is designed to meet personal banking and consumer finance needs, offering convenience and financial support to individuals.
• Asset Management and Private Banking: Catering to the investment needs of institutional investors and intermediaries, this segment delivers specialized investment products and services, offering clients avenues to grow their wealth through tailored investment strategies.
• Insurance: A comprehensive range of insurance products and services including life and personal accident, healthcare, motor, marine, and property liabilities, along with Takaful insurance products, are available. These offerings provide customers with security and peace of mind against various risks.
• Capital Markets and Brokerage: Clients seeking opportunities in capital markets can access a plethora of services, including brokerage services that facilitate investments in a wide range of financial instruments, both locally and internationally.
• Islamic Banking: In line with the growing demand for Shariah-compliant financial products, BLOM Bank offers a range of Islamic banking solutions. These products and services cater to clients looking for banking solutions that adhere to Islamic principles.
• Online Banking: Emphasizing convenience and accessibility, BLOM Bank provides comprehensive online banking services. This digital platform allows clients to conduct a variety of banking transactions remotely, enhancing the customer banking experience with technology.