With solid roots, passionate family members, and a strive to achieve, IBL Bank is constantly evolving and spreading its strength across Lebanon and beyond...
We have risen to the challenge in the past; and, this year, we
have also taken action successfully, as we firmly believe that it
is up to us, as a country, and as responsible institutions
With solid roots, passionate family members, and a strive to
achieve, IBL Bank is constantly evolving and spreading its
strength across Lebanon and beyond...
Thank to our satisfied loyal customers, trustful correspondent
banks and their continuous support, as well as the Board of
Directors and the entire Group’s staff
The roots of IBL Bank are not hidden. It is not
only about the origin, tradition and history,
though all these play an important role in
forming the solidity and strength of the Bank.
The roots are mostly in the relationships of
our clients with their Bank. Each of them is
important and unique. The stronger they are,
the better are our mutual opportunities to grow.
A timid growth remains better than standing still,
especially amidst all the regional turmoil we are
witnessing locally and in the surrounding region.
Since, despite everything around us, we find
our strength within ourselves, and within our
respectful and effective family spirit and teamwork,
this year’s Annual Report’s sections are illustrated
by various quotes and tips from renowned author
Stephan Covey, who promotes in his best-seller book
“the seven habits of highly effective people” what he
labels "The Character Ethic": aligning one’s values
with so-called "universal and timeless" principles.
2011 witnessed the creation and implementation
of our bank’s main corporate selling line “IBL Bank,
where your dreams count”, which emphasizes on
the commitment of our institution to strive towards
the achievement of every one of our clients’ goals.
The expert in numbers sees beyond just numbers…
and manages to make your dreams truly count.
The visuals illustrating our Annual Report 2011 are
naturally based on our corporate motto launch,
emphasizing the implementation of the concept.
Enjoy reading our latest numbers… but remember
that it’s your dreams that make them truly count!
Being in constant evolution and
expansion to be closer to you,
wherever you are, IBL Bank is also
striving to be close to nature.
Within its care for its community,
IBL Bank reiterates its care for the
environment by bringing ecofriendly
2009 witnessed a kind of recovery in the financial markets while
fundamentals of the global economy remained unstable. 2009 was
a successful year for IBL Bank as we achieved important objectives
set in our Strategic Business Plan. In 2009, we recorded a stronger
than pier growth and the highest growth in volume realized by IBL Bank.
In the wake of the financial crisis of our Time, we
must stop at what the world have learnt about how
to run banks, and why the Lebanese banking sector
have proved to be immune.
Indeed, after the world economy realized losses
estimated at $ 3 Trillion dollars
Lebanon witnessed difficult sociopolitical circumstances during the last three years, which has
been translated into a very slow growth of the Lebanese Economy. Indeed, even though 2007
marked a relatively better growth than 2006, with a 2% real growth, it was well below the average
growth of the region estimated to 6.6%
However, in this adverse economic environment, the Banking sector, whose total assets represented
more than 340% of the actual total GDP in 2007, has been able to overcome Lebanon’s political
situation while at the same time contributing to the resilience of the economy.
Once again, Lebanese people deserve a respectful standing ovation.
Despite all the destruction, they have had one answer conveying a
clear message to every enemy: RECONSTRUCTION.
Summer 2006 was given all possible adjectives but no term was strong enough
to depict the damage on all levels. Yet, as usual, we, Lebanese people, have the
magical strength to carry our burdens and carry on.