Ghassan ibrahim shaker biography

Founded: 1958
Total Assets*: US$26.48 billion
Customer Deposits**: US$21.06 billion
Ranking by Assets*: 2

(*as of Dec 31, 2021, ABL Almanac 2022 converted at 1507.5 LBP/USD)
(**as of Dec 31, 2020, Bilanbanques 2021)

Background

Banque du Liban et d’Outre-Mer (BLOM) was incorporated in 1958, with the founders aiming to develop business links between Lebanon and the diaspora community in Brazil.

Among the founders were Hussein al-Oweini, who served as both finance minister and prime minister between 1948 and 1965,[1] Boutros Khory, the former head of Lebanon’s Economic Councils, and Philp Takla, who would go on to serve as Lebanon’s central bank governor.[2] The bank’s starting capital was drawn from its founder and directors, as well as various foreign governments, inclusive of Saudi Arabia, France, and Brazil.[3] Al-Ouweini, BLOM’s first chairman, was also close with the Al Saud ruling family in Riyadh.[4]

Naaman Azhari was appointed as BLOM’s genera