Bank of Beirut

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Bank of Beirut" – news · newspapers · books · scholar · JSTOR (May 2021) (Learn how and when to remove this message)

Bank of Beirut S.A.L

Company type	Commercial bank
Industry	Banking Financial services
Founded	1963
Founder	Salim G. Sfeir
Headquarters	Beirut, Lebanon
Area served	Middle East Europe Australia Africa
Key people	Salim G. Sfeir (Chairman​ CEO) Fawaz H. Naboulsi (Deputy​ CEO)
Products	Credit cards Consumer banking Corporate banking Investment banking Mortgages Private banking Wealth management
Subsidiaries	Bank of Sydney Bank of Beirut UK Bank of Beirut Oman BoB Finance Beirut Insurance Group
Website	www.bankofbeirut.com

Bank of Beirut (Arabic: بنك بيروت, not to be confused with Bank of Beirut and the Arab Countries) is a bank in Beirut, Lebanon. Bank of Beirut was founded in 1963 as Realty Business Bank S.A.L. and in 1970, changed its name to the current name.^[1] In 1993, a group of bankers and businessmen headed by Salim Sfeir, the current chairman and CEO,^[2][3] acquired the five-branch bank, which ranked 35 out of the 71 banks operating that year, and in 1997, Bank of Beirut was listed on the Beirut Stock Exchange.^[4] Since the beginning of the financial crisis in Lebanon in October 2019, this bank has and continues to wrongfully withhold funds for depositors and in collaboration with the political elites of Lebanon is transferring funds they have amassed in the biggest Ponzi scheme ever.