Fransabank in the « Journée des Banques Libanaises à Paris »

October 27, 2011
Fransabank in the « Journée des Banques Libanaises à Paris »
As a constant and essential participant in international banking events, Fransabank was present at the conference "Day of Lebanese Banks in Paris” hosted on October 27, 2011 at The Westin Paris-Vendôme. The event was an exceptional opportunity to promote bilateral cooperation between the Lebanese and French banks. Lebanese banks, whose reputation goes far beyond the borders of their country, are engaged in a strategy to expand regionally and internationally - many of them have set up subsidiaries in France - and position themselves as partners for Europeans groups who want to strengthen their presence in the eastern Mediterranean.

This session was organized by the Association of Banks in Lebanon (Association des Banques du Liban) and the French Banking Federation (Fédération Bancaire Française), in the presence of the French Minister of Economy Finance and Industry, H.E. Mr. François Baroin, the Lebanese Minister of Finance, H.E. Mr. Mohammad Safadi, the Governor of the Central Bank of Lebanon, Mr. Riad Salameh, and the first Vice-Governor of the Banque de France, Mr. Jean-paul Redouin.

Fransabank was represented by its Secretary General, Mr. Nabil Kassar who stressed in his speech that Fransabank Group’s relationship with France is 90 years old. Indeed, Fransabank is issued from the first bank established in Lebanon in 1921: The "Credit Foncier d’Algérie et de Tunisie”.

He added that Fransabank France continues to expand in business volume and profitability. This development is supported by its two banking shareholders, and by the cautious and rigorous management policy to which it has striven since its foundation.

Fransabank France provides services and banking products to customers located in Europe, the Middle East and West Africa. Thanks to the synergies developed with its two shareholders, it plays an important role within Fransabank Group, being located in one of the main markets of Europe and the world.

Fransabank Group invited some of its corporate customers to the dinner organized on this occasion and which was attended by more than 230 persons. ​