François Bassil

François Semaan Bassil (born March 15, 1934) is a prominent Lebanese banker. He was Chairman and General Manager of Byblos Bank,[1] one of Lebanon's top three banks from July 1979 to July 2015, and has served as Chairman of the Board of the Association of Banks in Lebanon (ABL) for four terms.[2][3] He currently holds the position of Chairman of Byblos Bank Group, an entity composed of banks and subsidiaries of Byblos Bank S.A.L.[4] In 2015, Bassil was named in Global Finance Magazine’s first annual list of Who’s Who in The Middle East.[5]

François S. Bassil
Born (1934-03-15) March 15, 1934
Nationality Lebanon
Alma materUniversité catholique de Louvain(Ph.D.)
OccupationChairman, Byblos Bank

Early life, education

Bassil was born in Fidar, north of Beirut in 1934.[1] His father, Semaan Bassil, was a well-known businessman who founded in 1950 the “Société Commerciale et Agricole Byblos Bassil Frères & Co.”, a Lebanese company specialized in natural silk, leather tanning, and agricultural credit activities. In 1963, this company became Byblos Bank S.A.L.[6]

Bassil holds a Doctoral Degree in Law (Ph.D.) from the Catholic University of Louvain, in Belgium.[7]

Distinctions

In 2008, Bassil was awarded an honorary doctoral degree “Doctorate Honoris Causa” in the humanities by the Lebanese American University (LAU),[8][9] and in 2010 the Université Saint-Esprit Kaslik (USEK) awarded him an honorary degree “Doctorate Honoris Causa” in Business.

Throughout his professional career, he received many honorary distinctions, among them the Order of the Crown awarded by H.M. King Albert II of Belgium; and Knight in the Order of St. Gregory the Great, awarded by Pope John Paul II. In 2012, Lebanese President Michel Sleiman awarded Bassil the title of Commander in the National Order of the Cedar.[10] In 2015, Bassil was awarded the Knight Grand Cross of the First Class of the Order of St. Gregory the Great by Pope Francis.[11][12]

Career

Bassil started his career in the banking sector in 1962 by contributing to the establishment of Byblos Bank S.A.L. and became chairman and general manager of the bank in 1979.[13] He then lead the success and growth of Byblos Bank in Lebanon, transforming it from a mid-sized locally based entity to one of Lebanon's top three banks,[14] with total assets of USD 19 billion, and customer deposits reaching USD 15.7 billion as of 31 December 2014.[15]

Under his guidance, Byblos Bank established numerous international partnerships and received many distinctions, while maintaining its position as Lebanon's most solid Bank.[16] Byblos Bank is listed on the Beirut Stock Exchange (BYB) and became in 2009 the first Lebanese issuer to list in the London Stock Exchange for twelve years.[17]

Today, Byblos Bank actively operates in 10 countries worldwide including: Lebanon, the United Kingdom, France, Belgium, Armenia, Cyprus, the United Arab Emirates, Iraq, and Nigeria.[18][19] [20]

See also

References
  1. "Dr. François Bassil". Lebanon International Oil and Gas Summit. Archived from the original on 27 May 2015. Retrieved 22 May 2015.
  2. "Joseph Torbey elected ABL Chairman". BusinessNews.com.lb. Lebanon Opportunities. Retrieved 13 July 2015.
  3. "PREVIOUS BOARDS OF DIRECTORS". Association of Banks in Lebanon. Retrieved 13 July 2015.
  4. "François Bassil, Semaan Bassil take new Byblos roles". The Daily Star. Retrieved 2 October 2015.
  5. "Who's Who in The Middle East". Global Finance. Retrieved 23 May 2015.
  6. "Banks Lebanon". Ostamyy. Archived from the original on 16 August 2018. Retrieved 26 May 2015.
  7. "Dr. François S. Bassil". ByblosBank.com. Archived from the original on 27 May 2015. Retrieved 27 May 2015.
  8. ""LAU" تمنح دكتوراه فخرية لباسيل والقصار تقديراً لإنجازاتهما". Al-Mustaqbal. Archived from the original on 27 May 2015. Retrieved 26 May 2015.
  9. "FRANCOIS BASSIL". Lebanese American University. Archived from the original on 25 July 2015. Retrieved 1 June 2015.
  10. "سليمان يقلد فرانسوا باسيل وسام الأرز". Assafir.com. Retrieved 26 May 2015.
  11. "François Bassil dans l'ordre de Saint-Grégoire-Le-Grand". lorientlejour.com. Retrieved 8 June 2015.
  12. "وسام القديس غريغوريوس الكبير لـ فرانسوا باسيل". AlJoumhouria newspaper. Retrieved 8 June 2015.
  13. "فرنسوا باسيل لـ"الجمهورية": "أحلم بلبنان الدولة لا الدويلات"". Aljoumhouria.com. Retrieved 27 May 2015.
  14. "The Financial Results of the Three Largest Lebanese Banks in 2013". BlomBank.com. Retrieved 1 June 2015.
  15. "Byblos Bank profits up 12.5 percent". TheDailyStar.com. Retrieved 27 May 2015.
  16. "Byblos Bank: Lebanon's most solid Bank for the fifth straight year". Executive Magazine. Retrieved 26 May 2015.
  17. "London Stock Exchange welcomes leading Lebanese bank". Lebanonwire. Retrieved 26 May 2015.
  18. "Illustrious Banking". TheBusinessYear.com. Retrieved 28 May 2015.
  19. "Byblos Bank Releases Financial Results for First Half of 2017". Byblos Bank. Byblos Bank. Retrieved 31 May 2018.
  20. "Byblos Bank cherche à se retirer de la RDCongo". Le Commerce du Levant. Société de la Presse Économique SAL. Retrieved 16 November 2020.
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