Bank of Beirut (UK) Ltd

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Bank of Beirut (UK) Ltd Logo
Address
17A Curzon Street, W1J 5HS, London, United Kingdom
BIC
BRBAGB2LXXX

Overview

Category

Commercial banks

Business Focus

commercial and correspondent banking

Bank of Beirut is one of the largest banks in Lebanon. Bank of Beirut operates as a universal bank at its domestic market offering retail and corporate banking products and services. At the foreign markets Bank of Beirut conducts commercial and correspondent banking activities with the focus on the MENA region and on the Lebanese Diaspora.

Performance

In 2023, Bank of Beirut (UK) Ltd achieved the position of 152nd largest bank in the United Kingdom with a market share of 0.00%; its total assets dropped by 9.48%.

Additionally, the bank became the 12th profitable bank in relation to its total assets showcasing 2.30% return on assets and 7.98% return on equity in 2023.

Also the lender held the 38th position regarging its loans-to-deposits (L/D) registering 91.02% L/D ratio in 2023.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Bank of Beirut (UK) Ltd.

Services

correspondent banking
corporate finance
corporate treasury
trade finance

Products

business accounts
deposit accounts
private loans
business loans

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Bank of Beirut (UK) Ltd delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Bank of Beirut (UK) Ltd
Annual_profit of Bank of Beirut (UK) Ltd
Total Assets (2023)
367.53 mln GBP   (-9.48%)
Annual Profit (2023)
8.90 mln GBP   (+123.83%)

Bank of Beirut (UK) Ltd ranks as the 152nd largest bank in the United Kingdom by total assets. In 2023 its total assets were 367.53 mln GBP, representing a 0.00% market share. In 2023 the bank's annual profit was 8.90 mln GBP.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Covered Accounts
current accounts
savings accounts
time deposit accounts
Eligible Depositors
private individuals
companies

Bank of Beirut (UK) Ltd protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.

See Also

Contacts

address17A Curzon Street, W1J 5HS, London, United Kingdom
phone44 02074938342
fax44 02074080053

Bank of Beirut (UK) Ltd is headquartered in London.

See Also

Bank Identifiers

BIC (SWIFT)
BRBAGB2LXXX
LEI
213800AQHMYPEH8NNA33
Company Number
04406777
MFI ID
GB0396

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
219523

Bank of Beirut (UK) Ltd is authorized and supervised by the Financial Conduct Authority (reference number 219523).

Bank History

Start Date
March 2002
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