Fransabank S.A.L. is a Lebanese commercial bank founded in 1921 and headquartered in Beirut. It is one of the oldest banking institutions in Lebanon and operates a nationwide network of branches providing retail, corporate, and private banking services. Fransabank is regarded as a systemically important institution within the Lebanese banking sector.[2]
The Fransabank Group maintains an international presence through subsidiaries and representative offices in Europe, the Middle East, and Africa, including France, Algeria, Iraq, the United Arab Emirates (Abu Dhabi), Belarus, Sudan, and Ivory Coast.[3]
As of the 2010s, Fransabank ranked first among Lebanese banks by number of domestic branches, with 125 branches distributed across the country.[4]
History
Fransabank traces its origins to 1921, when it was established in Beirut as a branch of Crédit Foncier d'Algérie et de Tunisie (CFAT), a French financial institution active in North Africa and the Levant.[5]