BoB Finance s.a.l is a financial institution owned by Bank of Beirut and licensed by the Central Bank of Lebanon. BoB Finance is one of the largest networks of financial services operating in Lebanon. With over 700 locations across the country, BoB Finance provides key services such as: Remittance, Bill Payments, Mobile Top-up and Corporate Cash Collection.
BoB Finance s.a.l is Bank of Beirut subsidiary. Incorporated in 1963 in Beirut, Lebanon, Bank of Beirut s.a.l., offers a full range of banking services through an extensive network of 60 branches in Lebanon, and a network of foreign entities: a branch in Limassol - Cyprus, 3 branches in Muscat, Sohar and Ghubrah- Sultanate of Oman, a branch in Frankfurt – Germany, a wholly owned subsidiary in London - United Kingdom (Bank of Beirut (UK) Ltd), a subsidiary in Australia (Bank of Sydney) with a network of fifteen (15) branches located in Sydney, Melbourne, and Adelaide, and three Representative Offices located in Dubai - UAE, Lagos - Nigeria and Bagdad - Iraq. In addition, Bank of Beirut operates a wholly-owned Financial Institution (BoB Finance s.a.l.), an insurance brokerage firm (Beirut Brokers s.a.r.l.), an Insurance company (Beirut Life s.a.l.) and an independent investment bank, (Bank of Beirut Invest s.a.l.).
Since 1997, the Bank embarked on an aggressive expansion plan, aiming at enhancing its market position. This was achieved through a number of transactions ranging from private placements and issuance of Preferred Shares, to entering into strategic alliances with regional Arab banking institutions, and acquiring other banking competitors, namely Transorient Bank s.a.l. in late 1998, and Beirut Riyad Bank s.a.l. in June 2002, and 92.5% of the shares of Laiki Bank (Australia) Ltd. in 2011.