Banque Libano-Française S.A.L.

Banque Libano-Française (BLF, Arabic: البنك اللبناني الفرنسي) is a Lebanese bank holding number 10 on Banque du Liban List of Banks. It was established as a joint stock company in 1967. Banque Libano-Française (BLF) was created in 1930 as a branch of the French bank, Compagnie Algérienne. In 1967, BLF became a bank established under the Lebanese law, with 70% French shareholding. In 1970, Banque Indosuez acquired a 5% direct interest in the Bank capital. In 1973, Banque Indosuez increased its stake to 20% through a partial acquisition of the shares of Compagnie Française de Crédit et de Banque (former Compagnie Algérienne de Crédit et de Banque), which became known as Parthena Investment.
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