BLOM BANK (French: Banque du Liban et D’Outre Mer; Arabic: بنك لبنان والمهجر) is a Lebanese bank established in 1951 and headquartered in Beirut.[1] Providing banking services such as "commercial, corporate, private, investment, retail, Islamic banking, asset and wealth management, capital market services, and insurance products,"[2] BLOM Bank is one of Lebanon's largest banks and has its shares listed on the Beirut Stock Exchange and the Luxembourg Stock Exchange.[3]
History
BLOM BANK started operating in 1951 in Beirut. Its establishment coincided with a booming period in the banking sector in Lebanon. One of the founders was Hussein Al Oweini, a Lebanese politician and businessman.[4] By 1953, BLOM BANK started expanding and opened a branch in Jeddah, KSA.