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.