Banque de Syrie et du Liban, Institution Financière Clé

The Banque de Syrie et du Liban is a key financial institution in the region. It was established in 1951.

The bank's headquarters is located in Beirut, Lebanon, and it has a significant presence in the country. Its main role is to provide banking services to individuals and businesses.

The Banque de Syrie et du Liban is known for its stability and reliability, which is crucial for economic growth in the region. It has a strong reputation among its clients and partners.

The Banque de Syrie et du Liban was a strategic point for French economic interests in the region from 1919 to 1970. It was born out of France's desire to create a French bank in Syria that could issue banknotes.

La Banque de Syrie et du Liban was created in 1919 as a French bank, with 94.45% of its capital subscribed by the Banque impériale ottomane. The bank was installed in Beirut and Marseille.

The bank was initially called Banque de Syrie, but in 1924, it took the name Banque de Syrie et du Grand Liban after the Banque ottomane ceded some of its shares to Syrian and Lebanese personalities.

The bank played a significant role in public works, providing credits to municipalities in Beirut and Damascus.

The Banque de Syrie et du Liban was created on January 2, 1919, by the Banque Impériale ottomane.

Its primary activity was focused on credit and advances to the States of the Levant and individuals.

The Banque de Syrie et du Liban was granted the privilege of issuing the new Lebanese-Syrian pound following a convention signed on January 23, 1924, with the States of the Levant.

This currency was directly linked to the French franc to facilitate administrative operations in the Levant and trade with the Metropolis.

The Banque de Syrie et du Liban was not only a commercial bank but also an agent financier for the States of the Levant and a bank of deposit.