The Ledger
BLOM Bank SAL
This page sets out what the record shows about BLOM Bank SAL. It names the owners and managers, gives the dollars the bank bought from the Central Bank in the years whose records survive, lists the requests that the Central Bank refused and describes the action that regulators took against the bank.
بنك بلوم
Name, licence and status
- Name in English
- BLOM Bank SAL
- Name in Arabic
- بنك بلوم
- Type
- Branch of a foreign bank (Lebanon)
- Regulatory measures
- No sanction, ban or fine recorded as of the date of writing
Ownership
The Iraq Securities Commission page names no shareholder with about 10 per cent or more. The shareholder tables of the annual reports are not yet in the record.
Owners and managers
Being listed here records an ownership stake or a post at the bank. It is not an allegation. Next to each name is the exact legal status. Where the encyclopedia holds a record of the name, the status comes from that record. Otherwise it reads “Not charged as of the date of writing”.
| Name | Role | Share | As of | Legal status | Source |
|---|---|---|---|---|---|
Saad Azhari | Chairman | Not stated | 31 August 2025 | Not charged as of the date of writing | abl.org.lb |
Bank of New York (depositary for BLOM's Global Depositary Receipts; holder of record, not necessarily the owner) (USA)(company) | Shareholder | 34.37% | 31 August 2025 | Not charged as of the date of writing | abl.org.lb |
Banorabe S.A., SPF (Luxembourg) | Shareholder | 18.73% | 31 August 2025 | Not charged as of the date of writing | abl.org.lb |
Azhari Family (Lebanon) | Shareholder | 7.53% | 31 August 2025 | Not charged as of the date of writing | abl.org.lb |
BLOM Bank S.A.L. (Lebanon)(company) | Shareholder | Not stated | 30 September 2026 | Not charged as of the date of writing | cbi.iq |
Dollars bought from the Central Bank
No purchases by this bank appear in the surviving records from 2012 to 2020.
What the Central Bank refused
The committee's surviving minutes, from January 2013 to February 2015, record no refusal for this bank.
Enforcement actions
No enforcement action against this bank is recorded here.