Overview
History
LSB was founded in 1962 and it began operations in Lebanon in the same year. In 1973, the bank was acquired by Credit Suisse and operated from then on under the name Credit Suisse (Moyen-Orient) SAL. Later, in 1988, the bank was acquired by a group of Lebanese investors and businessmen. The same year, the bank was renamed Lebanese Swiss Bank SAL.
From the very beginning, the current group of shareholders pursued a policy of providing the highest quality banking services to its clients. The bank offers comprehensive banking services in all financial areas covering corporate, commercial, individual and private banking to a diversified client base.
The bank has also steadily expanded its network of branches throughout the various geographical areas of Lebanon. Having begun at two branches in 1988, the bank will open its twentieth this year, with its headquarters being located in Beirut’s Hamra area.
With its quality service supported by an international correspondents’ network, committed and loyal client base, and well qualified, devoted and trained staff, LSB prides itself on its efficient operation which has been reflected in consistently excellent financial ratios over the past years. By the end of 2018, the size of our balance sheet has approached $2.5 Billion.
Mission
To offer our clients a comprehensive suite of banking services covering corporate, commercial, individual and private banking. Banking is fundamentally based on the trust between clients and their banking providers, and we believe that personability and sincerity are key to delivering high-quality services to our clients.
Vision
Having become an Alpha bank in 2018, we want to continue to grow together with our customers and the communities we work in without ever sacrificing our intimate and personable culture.
Our values
Integrity
- We stand firmly by what is right.
- We maintain a high degree of internal and external accountability.
commitment
- We are committed to serving clients with the personal care that each of them deserves.
Honesty
- We do not charge hidden fees and charges, or sell overpriced auxiliary products and we set the highest industry standards in disclosing the characteristics of our products.
Loyalty
- Clients are at the heart of our work and we care deeply about our clients’ business and personal development.
Professionalism
- We recognize that clients need a responsible and responsive partner for their banking needs and we focus on our individual relationships with clients.
Engagement
- We recognize that in an increasingly fast-paced world, opportunities can be fleeting and the speed of banking services crucial to our clients. Our internal decision-making process means that we deliver quick and decisive decisions, maximizing clients’ ability to realize opportunities and our ability to stay engaged with the business process on the ground.