Byblos Bank Headquarters – 19 May 2016: Byblos Bank celebrated 40 years of presence in Europe, which marks an important phase in its history and its expansion abroad.
Established in 1976, Byblos Bank Europe is a Belgian Bank owned by Byblos Bank S.A.L. and operates under the jurisdiction of the National Bank of Belgium. This European subsidiary serves as a robust and dynamic regional platform for Byblos Bank’s activities in the old continent. Its branches in Brussels, London and Paris ensure a personalized service and offer extensive expertise in trade finance between Europe, Africa and the Middle East. The Bank also serves a select group of commercial enterprises, private clients and correspondent banks.
For the occasion Mr. Daniel Ribant, Assitant General Manager and member of the Board of Byblos Bank Europe, said: “Byblos Bank’s international journey started from Belgium back in the 1970s and its expansion later into France and the United Kingdom confirmed its strategic vision that made Europe a primary place from which to grow its business with the Middle East and Africa.” He added: “Strong with a seasoned staff of 60 people who manage an important portfolio of loyal clients, Byblos Bank Europe is one of the first Lebanese banks to tap into the European market”.
For his part, Mr. Fouad Nicolas Trad, Managing Director and CEO of Byblos Bank Europe, said: “40 years of presence in Europe equals to 40 years of loyal service to our European clients, and to 40 years of correspondence with banks from around the world, and to 40 years of established trust with regulators as well.” He added: “Our permanent presence in the heart of Europe in Brussels, and in London and Paris, which are international economic centers, symbolizes the openness and international development of Byblos Bank Group.”
Byblos Bank Europe notably benefits from the experience of a Board of Directors made up of personalities who have marked the European economy, including Baron Guy Quaden, ex-governor of the National Bank of Belgium and former member of the Board of the European Central Bank; Mr. Ludo Swolfs, honorary President of the Institute of Internal Auditors – Belgium; and Mr. Jacques de Raeymaeker, former General Manager of KBC Bank.
In the 12 countries in which it operates, Byblos Bank is committed to adhering to international standards of corporate governance, customer satisfaction, and quality service.