LGB Bank

LGB Bank, formally identified as Lebanon and Gulf Bank or LGB Bank SAL, is a Lebanese banking institution headquartered in Beirut's Central District. The bank traces its origins to 1963, when it was established under the name Bank of Credit Agricole. Its identity changed in 1980 after ownership of its shares was transferred to a new group of Lebanese businessmen, who adopted the Lebanon and Gulf Bank name. The later LGB Bank branding is derived from that corporate identity. The institution is part of Lebanon's commercial banking sector and serves the Lebanese market through a network reported at 18 branches. Its activities are described in the available reference material at the level of a financial bank rather than through a detailed public catalogue of products. Accordingly, its precise mix of retail, corporate, treasury, trade-finance, digital, and wealth-management services cannot be confirmed from the supplied sources. The bank's positioning can nevertheless be characterized cautiously as that of a Lebanese banking institution with domestic distribution and a limited regional footprint. LGB Bank has maintained an international presence alongside its Lebanese operations. The reference material records a branch in Cyprus dating from 1986, another branch in Iraq, and a representative office in Dubai, United Arab Emirates. These locations indicate an effort to support cross-border relationships and regional connectivity, although the available material does not specify the scale, customer segments, or current activity of each overseas operation. The bank's headquarters are in Beirut's Central District, while its Lebanese branch network provides the main visible operating platform. Samer Itani is identified in the available reference material as the bank's current general manager. No additional verified information is supplied about the bank's board, ownership structure, financial performance, capitalization, stock-market status, or recent strategic initiatives. It is therefore not possible to responsibly provide financial figures, market-share claims, or a detailed account of recent product launches. Historically, the most clearly documented turning points are the bank's establishment in 1963, its ownership-related renaming in 1980, and the opening of its Cyprus branch in 1986. These events show a progression from an institution founded under a French agricultural-credit-related name to a Lebanese-owned bank operating under a regional identity. Beyond those milestones, the public reference material is limited. LGB Bank should consequently be understood as an established Lebanese bank with domestic and selected international operations, while further research would be needed to complete its corporate, financial, product, and governance profile.

Lebanon and Gulf Bank was established in 1963 under the name Bank of Credit Agricole. The available historical account does not provide a detailed description of its original shareholders, early management, or initial branch network, but it places the institution within Lebanon's banking sector from the early 1960s. A major change occurred in 1980, when ownership of the bank's shares passed to a new group of Lebanese businessmen. Following that transfer, the institution changed its name to Lebanon and Gulf Bank. The new name gave the bank a distinctly Lebanese and regional identity and forms the basis of the LGB Bank branding used today. The bank subsequently expanded beyond Lebanon. A branch in Cyprus is recorded as having been established in 1986. The institution is also described as operating a branch in Iraq and a representative office in Dubai. The supplied reference does not provide opening dates for the Iraq branch or Dubai office, nor does it explain whether these operations have changed in size or function over time. In Lebanon, LGB Bank operates from its headquarters in Beirut's Central District and has been reported to maintain 18 branches. The available material identifies it as a financial bank but does not give a complete account of its customer base, product range, assets, ownership percentages, or financial results. It also does not document any mergers, acquisitions, major restructuring, public listing, or recent technology initiatives. Samer Itani is identified as the current general manager in the reference material. No other current or former executives are reliably documented in the supplied sources. Overall, the documented history of LGB Bank is defined by its 1963 foundation, its 1980 ownership-linked renaming, and its later regional presence through Cyprus, Iraq, and Dubai. A fuller institutional history would require primary corporate disclosures, regulatory filings, or additional authoritative reporting.

• 1986

  Cyprus branch established

  [1]Lebanon and Gulf Banken.wikipedia.org

  The bank opened a branch in Cyprus, marking a documented expansion beyond the Lebanese market.

• 1980

  Ownership transfer and renaming

  [1]Lebanon and Gulf Banken.wikipedia.org

  After the bank's shares were transferred to a new group of Lebanese businessmen, the institution adopted the name Lebanon and Gulf Bank.

• 1963

  Bank established as Bank of Credit Agricole

  [1]Lebanon and Gulf Banken.wikipedia.org

  The institution was founded in Lebanon under the name Bank of Credit Agricole.

A Lebanese commercial banking institution with a domestic branch network and selected regional operations.

Product categories. Banking services

1. 1Lebanon and Gulf Banken.wikipedia.org
2. 2LGB Bank official websitelgbbank.com