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.
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.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Bank of Beirut (UK) Ltd.
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.
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.
Bank of Beirut (UK) Ltd is headquartered in London.
Bank of Beirut (UK) Ltd is authorized and supervised by the Financial Conduct Authority (reference number 219523).