Bank of Beirut is listed on Beirut Stock Exchange. As of 30/11/2006, its shareholding structure was as follows:

- Salim George Sfeir: 3.6947 %
- Fawaz Mohd Naboulsi: 3.6947 %
- Nar Aram Khachadourian: 10.3448 %
- Emirates Bank International: 9.8091 %
- Antoine Abdel Massih: 7.3892 %
- Anwar Mohd El-Khalil: 0.8979 %
- Abdallah Fahed Al-Moughayel: 0.0002 %
- Adib Milad Salamoun Millet: 0.0002 %

Total Directors: 35.8309 %

- International Century Corporation S.A. Luxembourg: 31.6585 %
- Millet & Millet Inc.: 11.3495%
- F.Y.Moughayel Sons Ltd.: 4.8518 %
- International Century Corporation Lebanon SAL: 3.0993 %
- Others: 13.2100 %

Sub Total: 64.1691 %
Total: 100 %

The total project cost is estimated at $25 million as an SME Risk Sharing Facility.

25.0 million (USD)

Product Line	IFC Investment (million USD)
Risk Management
Guarantee	25.0
Loan
Equity

* These investment figures are indicative

Headquartered in Foch Street, Bank of Beirut Building; Beirut Central District , Lebanon, the Bank runs 41 branches in the country.

- Maintain and/or increase bank lending:

With the destruction and economic downturn in Lebanon, private banks may reduce their loan exposures at the expense of SMEs, corporations and consumers. Any such reduction would cause loss of jobs and increases in the poverty rate. The proposed IFC investment should help maintain and/or increase bank lending to these groups as well as maintain the economic well being of the underlying communities and stakeholders.


- Support for the private sector lending to SMEs and corporate clients:

SMEs and corporate clients make up a large share of Lebanon’s economic output and provide vital contributions to employment generation in impoverished areas. Increased access to finance in these target markets can help re-boost under-funded enterprises.

IFC’s role, is to provide a range of interventions over the near and medium term in post-conflict Lebanon, such as the risk sharing initiative. This facility, and by indirectly supporting private companies will help the economy to restart and avoid economic downturn caused by the conflicts.

IFC’s Lebanon Rebuild program is designed to be an effective and timely response to support the private sector through the anticipated difficulties as a result of a recent conflict.

This project has been classified as a Category FI project according to IFC’s Environmental and Social Review Procedure.

During appraisal, IFC will analyze the Bank''s portfolio, and the activities proposed to be supported with IFC financing for types of transactions, size, tenor and industry sectors and determine the Applicable Requirements, if any, that would include a combination of:

- The IFC FI and/or Microfinance Exclusion Lists; and/or
- The applicable National Social and Environmental Laws and regulations.

IFC will also review, if required, the capacity of the Bank to manage social and environmental risks and to establish and maintain a Social & Environmental Management System (SEMS). If required, IFC will suggest Supplemental Actions to address any gaps in the SEMS.

Based on the review, Bank of Beirut will be required to:

- develop an, or upgrade, if necessary, any existing Social & Environmental Management System (SEMS), prior to disbursement to the satisfaction of IFC and Bank of Beirut;
- identify responsible, qualified persons to manage and implement the SEMS;
- commit to implement the SEMS, to ensure that its investments/activities supported by IFC financing are in compliance with the Applicable Requirements;
- commit to take action to remedy any gaps in SEMS implementation on an ongoing basis;
- submit a periodic report to IFC as per a format to be provided by IFC.