Lebanese Canadian Bank SAL
Lebanon. Named in 1 sanctions listing.
Summary
"The Lebanese Canadian Bank SAL (“LCB”) is based in Beirut, Lebanon"; "Originally established in 1960 as Banque des Activities Economiques SAL, it operated as a subsidiary of the Royal Bank of Canada Middle East (1968-1988) and is now a privately owned bank"; "The bank is eighth largest among Lebanese banks in assets and has over 600 employees"
"and maintains a network of 35 branches in Lebanon and a representative office in Montreal, Canada"
"LCB is based in Beirut, Lebanon, and maintains a network of 35 branches in Lebanon and a representative office in Montreal, Canada."; "Originally established in 1960 as Banque des Activities Economiques SAL, it operated as a subsidiary of the Royal Bank of Canada Middle East (1968-1988) and is now a privately owned bank."
"On September 20, 2011, the Lebanese central bank and monetary authority, with control over bank supervision and regulation, the Banque du Liban (BDL), revoked the banking license of LCB and delisted LCB from the list of banks published by BDL."; "Because of the action taken by the Lebanese banking authorities and the liquidation of the LCB's assets, LCB no longer exists as a foreign financial institution."
Sanctions and listings1
- Listed
- 10 Feb 2011
- Ended
- 28 Sep 2015
Official designation
Financial Crimes Enforcement NetworkUS FinCEN 311 and 9714 Special MeasuresUnited States
Connections11
Owns6
- Share not statedLebanon
- Share not statedLebanon
- Share not statedUnited Arab Emirates
- Share not statedGambia
- Share not statedLebanon
- Share not statedLebanon
Other links5
- OrganizationHizballahSanctionedTerrorismDebarredExport controlledPerson of interestLinked toUnited StatesLebanon
- OrganizationRoyal Bank of Canada Middle EastLinked to
- PersonAbdallah SAFI-AL-DINSanctionedDebarredExport controlledLinked toBorn 8 Jul 1960LebanonIran
- PersonAyman JoumaaLinked to
- OrganizationSocieté Generale de Banque au Liban SALLinked toLebanon
Other names1
Also known as1
Addresses2
Beirut, Lebanon
Montreal, Canada
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