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BLC Bank
BLC Bank SAL (BLC:LB) is a Lebanese financial institution offering banking, insurance and asset management services. BLC Bank subsidiaries are BLC Finance SAL and BLC Services SAL. BLC Bank SAL is a Lebanese joint stock company registered under No.1952 in the Lebanese Commercial Register. Historical overview BLC Bank was founded in the early 1950s in Beirut by the Abou Jaoudeh family. It was previously named Banque Libanaise pour le Commerce, renamed to BLC Bank in the end of 2004. In 1956, the bank established a foreign presence with the establishment of BLC Bank SA in France which itself opened four branches in the UAE in 1973. BLC Finance SAL was established in 1998. Its main activities include fund management, proprietary trading, floor brokerage and margin lending. After a failed attempt to merge with the Byblos Bank, in 1999 BLC merged with Union Bank of Lebanon (UBL) group which then included many smaller banks. In 2002, following mismanagement at the senior manag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint of Lebanon's Mediterranean coast. Beirut has been inhabited for more than 5,000 years, and was one of Phoenicia's most prominent city states, making it one of the oldest cities in the world (see Berytus). The first historical mention of Beirut is found in the Amarna letters from the New Kingdom of Egypt, which date to the 14th century BC. Beirut is Lebanon's seat of government and plays a central role in the Lebanese economy, with many banks and corporations based in the city. Beirut is an important seaport for the country and region, and rated a Beta + World City by the Globalization and World Cities Research Network. Beirut was severely damaged by the Lebanese Civil War, the 2006 Lebanon War, and the 2020 massive explosion in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shadi A
Shadi may refer to:Arabic Name Meaning Servant or Seeker of knowledge People *Shadi (name) Places * Juy-ye Shadi, village in Bamyan Province, Afghanistan * Shadi Township (沙堤乡), Yongding District, Zhangjiajie, Hunan, China * Shadi, Jiangxi (沙地镇), town in Gan County, Jiangxi, China * Shadi, Iran, village in Taybad County, Razavi Khorasan Province, Iran * Chak Shadi, village of Jhelum District in Punjab, Pakistan * Foshan Shadi Airport, an airport in Foshan, Guangdong, China * Shadi (沙堤渔港), fishing port of Shangchuan Island in Guangdong, China Entertainment * Shadi, a character in the anime and manga series Yu-Gi-Oh! * "Shadi" (Shady, Chadi), a song from the repertoire of Fairuz {{disambig, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1950 Establishments In Asia
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish his head ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Lebanon
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fransabank
Fransabank (Arabic: فرنسبنك ) is one of the oldest banks in Lebanon. Today, Fransabank Group has a consolidated presence in eight countries: Lebanon, France, Algeria, Sudan, Belarus, Iraq, UAE (Abu Dhabi) and in Ivory Coast. The Group also ranks first in terms of local branch network with 125 branches strategically spread all over the country. History In 1921, the Bank opened as a branch of Crédit Foncier d'Algérie et de Tunisie (CFAT). In 1963, the bank was renamed to the new name of ''Société Centrale de Banque'', and in 1971 was purchased by Banque Française pour le Moyen-Orient SAL (BFMO), a Lebanese banking company. After numerous mergers with other Lebanese banks, in 1982 the bank was renamed Fransabank. See also * BankMed * Banque Libano-Française * Crédit Libanais * Saradar Bank * Société Générale de Banque au Liban (SGBL) * Lebanese Swiss Bank * List of banks in Lebanon This is a list of banks in Lebanon. List of banks Central bank * Banque ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beirut Stock Exchange
The Beirut Stock Exchange (BSE, Arabic: بورصة بيروت) is the principal and only stock exchange of Lebanon. Located in Beirut, it is a public institution run by a committee including a Chairman, a Vice-Chairman and eight members appointed via a decree issued by the Council of Ministers, in accordance with a proposal by the Minister of Finance. All BSE members are Lebanese Joint stock companies (SAL) with a capital above £L500,000 and registered at the secretariat of the Commercial Register in. Members include holding companies and offshore companies. The BSE authorizes Brokerage firms the operation and trade in securities listed on the BSE according to the Bourse trading system and also lists the issuing companies (called "Listed companies") that have any of their stocks or other financial instruments listed. History Beirut Stock Exchange, the second oldest market in the region, was established in 1920 by a decree of the French commissioner. Trading at that time was co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis and Kourion, and Cypr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lati Bank
Lati or LATI may refer to: *Lati, Iran (other), places in Iran * Läti (other), Estonian places * Tirana International Airport Nënë Tereza, from its ICAO code * Lake Area Technical Institute, in South Dakota, US *LATI (airline) LATI (Linee Aeree Transcontinentali Italiane, "Italian Transcontinental Airlines") was an early transatlantic airline operating between Italy and South America between 1939 and 1941. Although the transatlantic service was permanently discontinued ..., a transatlantic airline operating between Italy and South America between 1939 and 1941 See also * Läti (other) {{place name disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatar Investment Authority
The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 2021, the QIA had an estimated $450 billion of assets. The QIA's structure and decision-making procedures have been characterized as non-transparent. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund). On September 2017, the Research gate (blog post of Berlin) provided data about the functioning behind the Qatar Investment Authority’s investments and it was found out that QIA's participation in global capitalism as a fully state-owned business is a compelling and little-examined facet of the organization. By examining fine-grained ownership data, CORPNET can monitor these activities on a worldwide scale. Beyond Sovereign Wealth Funds, any stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatar
Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares its sole land border with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The Gulf of Bahrain, an inlet of the Persian Gulf, separates Qatar from nearby Bahrain. The capital is Doha, home to over 80% of the country's inhabitants, and the land area is mostly made up of flat, low-lying desert. Qatar has been ruled as a hereditary monarchy by the House of Thani since Mohammed bin Thani signed a treaty with the British in 1868 that recognised its separate status. Following Ottoman rule, Qatar became a British protectorate in 1916, and gained independence in 1971. The current emir is Tamim bin Hamad Al Thani, who holds nearly all executive and legislative authority under the Constitution of Qat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riad Salameh
Riad Toufic Salameh (Arabic: رياض توفيق سلامة, born July 17, 1950) is the current Governor of Lebanon, Lebanon's central bank, Banque du Liban since April 1993. He was appointed Governor by decree, approved by the Council of Ministers of Lebanon, Council of Ministers for a renewable term of six years. He was reappointed for four consecutive terms; in 1999, 2005, 2011 and 2017. He is the longest-serving central bank governor in the world. Although credited for maintaining the stability of the Lebanese pound until 2019, Salameh is accused of corruption, money laundering and running the largest Ponzi scheme in history. Early life Riad Salameh was born in Antelias in 1950 into a Christian Maronite family of successful business people, long based in Liberia. His father Toufic Salameh owned the Cedars Hotel in Broummana, and his mother Raniah was a "well-known charitable activist" and Lebanese Red Cross member who was murdered in 1982. He has three siblings. Salameh g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabian hinterland has contributed to its rich history and shaped a cultural identity of religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of , making it the second smallest country in continental Asia. The official language of the state is Arabic, while French is also formally recognized; the Lebanese dialect of Arabic is used alongside Modern Standard Arabic throughout the country. The earliest evidence of civilization in Lebanon dates back over 7000 years, predating recorded history. Modern-day Lebanon was home to the Phoenicians, a m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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