No 10



Bank Of Beirut Opens IBU In Cyprus

Bank of Beirut has opened an international banking unit (IBU) in Limassol, Cyprus, as part of its strategy to expand its operations in the region. The banks chairman, Salim Sfeir, said that the new IBU will aim to serve the Lebanese community in Cyprus, as well as clients in the Syrian and Jordanian markets. Addressing the banks inauguration ceremony on 28 February, the outgoing Cypriot Minister of Finance, Takis Klerides,...