Intercontinental Bank of Lebanon

Project details

  • Sector: Retail Banking
  • Country: Lebanon
  • Website: www.ibl.com.lb
  • Year of investment: 2008
  • Exited: 2011

In January 2008, EuroMena Limited Partnership acquired a minority stake in Intercontinental Bank of Lebanon (IBL), a Lebanese retail bank with twenty active branches in Lebanon, and four branches abroad. In April 2011, we sold our stake to a group of high net worth individuals.