Managment case

BLOM BANK

BLOM Bank was founded in 1951 as a joint stock company. It grew slowly in its first 20 years, although it survived several Lebanese banking and political crisis during that period. From 1970 onwards its growth was more rapid, and by 1981, it had become the largest bank in the Lebanese Republic in deposits as well as total assets. In response to the Lebanese crises and the onset of the civil war in 1975, the bank expanded internationally and established a network of branches in the Middle East and Europe to become the Lebanese bank with the greatest international presence, currently operating in 12 countries, including many Arab and European countries.