Company

Lebanese Canadian Bank SAL

Lebanon. Named in 1 sanctions listing.

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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

    gpo.govgpo.govfincen.govfincen.gov

Connections11

Owns6

Other links5

Other names1

Also known as1

Banque des Activities Economiques SAL

Addresses2

  • Beirut, Lebanon

  • Montreal, Canada

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