IBL Bank SAL
This page sets out what the record shows about IBL 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 إنتركونتيننتال لبنان
Name, licence and status
- Name in English
- IBL Bank SAL
- Name in Arabic
- بنك إنتركونتيننتال لبنان
- Type
- Branch of a foreign bank (Lebanon)
- Licence
- 4330/3/9 في 2008/11/12 اربيل 964/3/9 في 2009/3/8 بغداد
- Regulatory measures
- In liquidation (Central Bank list)
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
| Name | Role | Share | As of | Legal status | Source |
|---|---|---|---|---|---|
Kamal Abi Ghosn | Chairman | Not stated | 27 December 2023 | Not charged as of the date of writing | ibl.com.lb |
جورج فؤاد أبي اللمع | Managing director | Not stated | 30 September 2026 | Not charged as of the date of writing | cbi.iq |
IBL Bank S.A.L. (Intercontinental Bank of Lebanon, Lebanon)(company) إنتركونتيننتال لبنان | Shareholder | 100% | 30 September 2026 | Not charged as of the date of writing | cbi.iq |
Salim Habib (Lebanon) | Shareholder | 12.50% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
CreditBank sal (Lebanon)(company) | Shareholder | 10.84% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Trydnt sal Holding (Lebanon)(company) | Shareholder | 9.70% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Bicom sal Holding (Lebanon)(company) | Shareholder | 9.58% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Kamal Abi Ghosn (Lebanon) | Shareholder | 8.51% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Sheikh Khaled Al Barahim (Saudi Arabia) | Shareholder | 5.69% | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Dollars bought from the Central Bank
Dollars bought from the Central Bank, by year
In millions of dollars. Verified rows of the Central Bank's daily records.
| Year | Dollars bought | Cash | Transfers abroad | Share of the year's named sales | Refused | Value of the price gap |
|---|---|---|---|---|---|---|
| 2012 | $5m | $0 | $5m | 1.9% | Not stated | $87,500 |
| 2013 | $99.1m | $4m | $95.1m | 0.2% | $14.8m | $4.3m |
| Total | $104.1m | $4m | $100.1m | $14.8m | $4.4m |
Share of the year's named sales: the bank's part of all the dollars that the surviving records attribute to a named bank in that year.
Refused: the requests that the Central Bank's committee turned down. Its minutes survive only from January 2013 to February 2015. An empty cell means that no minutes survive for that year. The yearly figures come from the yearly ledger. The figure at the top of the page comes from the committee's minutes. The two can differ.
What the Central Bank refused
From January 2013 to February 2015 the Central Bank's committee recorded, day by day, which requests for dollars it turned down and why. Its minutes record 4 occasions on which the committee refused all or part of a request by this bank. On those occasions the bank asked for $16.2 million, and $14.8 million of it was refused.
The largest refusals
| Date | Asked for | Refused | The reason, as the committee wrote it | Category |
|---|---|---|---|---|
| 22 May 2013 | $4.8m | $4.8m | لعدم كفاية رصيد المصرف | Funds did not cover the request; Missing or defective documents |
| 29 May 2013 | $4.8m | $4.8m | تاريخ الفاتورة قديم | Old or invalid invoice |
| 16 January 2013 | $4.6m | $3.2m | لوجود خطا في حقل اجازة الاستيراد | Import licence problem |
| 14 January 2013 | $2m | $2m | كون مراقب الامتثال غير معروف لدينا | Other |
Each reason is quoted in Arabic, in the committee's words. Where a reason is marked “punctuation adjusted”, only its punctuation was changed. The category is ours.
Enforcement actions
No enforcement action against this bank is recorded here.
Sources
- Central Bank of IraqAccessed 25 September 2026Tier Bالمصارف الاهلية المحلية (Private local banks: licence numbers/dates, managers, status marks)
الأقليم التجاري للاستثمار والتمويل ( اميرالد سابقا ) ... 408/3/9 2007/3/1 | الهدى ( ممنوع من التعامل بالدولار ) ... 136/3/9 2008/1/14 | مصرف بابل ( تصفية ) ( ممنوع من التعامل بالدولار ) ... المصفي، د.أحمد عباس أحمد | دار السلام للأستثمار ( حراسة قضائية ) | الشمال للتمويل والاستثمار ( وصاية ) | الطيف الإسلامي للإستثمار… Read the rest
والتمويل ( وصاية )( ممنوع من التعامل بالدولار ) | المال الإسلامي للإستثمار ( ممنوع من التعامل بالدولار ) ... 845/3/9 في 2018/12/9(punctuation adjusted)Translation: Region Trade Bank for Investment & Finance (formerly Emerald) ... licence 408/3/9 of 1 Mar 2007 | Al-Huda (barred from USD dealing) ... licence 136/3/9 of 14 Jan 2008 | Babylon Bank (liquidation) (barred from USD) ... liquidator Dr Ahmed Abbas Ahmed | Dar Es Salaam (judicial receivership) | North Bank (guardianship) | Al-Taif Islamic (guardianship)(barred from USD) | Al-Mal Islamic (barred from USD) ... licence 845/3/9 of 9 Dec 2018
Original - Central Bank of IraqAccessed 25 September 2026Tier Bفروع المصارف الأجنبية التجارية والاسلامية (Foreign bank branches)
ملي ايران ( وصاية ) ( ممنوع من التعامل بالدولار ) ... 2650/3/9 2005/9/28 | بنك بارسيان ( وصاية ) ( ممنوع من التعامل بالدولار ) ... 46/3/9 2012/1/3 | بنك مياب ش.م.ل ( تصفية ) ... 11724/3/9 2014/8/7 | فرنسبنك ( تصفية ) | البحر المتوسط ( تصفيه ) | إنتركونتيننتال لبنان ( تصفية )
Original