History

History

BBAC is a commercial bank that was established in 1956 by its three founding members:

The late Toufic Assaf Entrepreneur, Industrialist and Politician
The late Nashaat Sheikhelkard Financier and Businessman
The late Jamal Shehaiber Financier and Trader

BBAC is registered in the Lebanese Banks' list under number 28 with a capital of 77 billion. 

Its major achievements are a constant growth, a continuous development of the human capital and a strong consolidation of the management system. BBAC is a member in the association of the Lebanese banks as well as in the Union of the Arab Banks.
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