About BLC Bank
BLC Bank is a company based in Beirut (Lebanon) founded in 1949.. BLC Bank has raised $6 million across 1 funding round from investors including FMO. BLC Bank operates in a competitive market with competitors including Scotiabank, Bank Audi, Bank Audi Group, Blom Bank and Fransabank, among others.
- Headquarter Beirut, Lebanon
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Unspecified
Apr 23, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of BLC Bank
BLC Bank has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $6 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $6.0M
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First Round
First Round
(23 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Unspecified - BLC Bank | Valuation | FMO |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BLC Bank
BLC Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FMO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BLC Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BLC Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blc Bank Comparisons
Competitors of BLC Bank
BLC Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Bank Audi, Bank Audi Group, Blom Bank and Fransabank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are offered by Bank Audi Group.
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| domain | founded_year | HQ Location |
Universal banking services are provided in Lebanon across various sectors.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Beirut, Lebanon, since 1921.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blc Bank
Frequently Asked Questions about BLC Bank
When was BLC Bank founded?
BLC Bank was founded in 1949 and raised its 1st funding round 72 years after it was founded.
Where is BLC Bank located?
BLC Bank is headquartered in Beirut, Lebanon.
Who is the current CEO of BLC Bank?
Bassam Farid Hassan is the current CEO of BLC Bank.
Is BLC Bank a funded company?
BLC Bank is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Unspecified of $6M, raised on Apr 23, 2021.
What does BLC Bank do?
BLC Bank was established in 1949 in Beirut, Lebanon, as a commercial bank focused on financial services. Deposits, loans, and trade financing are offered to businesses and individuals within the Lebanese market. Operations are conducted primarily in the region, with emphasis on core banking activities. Leadership is held by CEO Bassam Farid Hassan, overseeing daily functions and strategic direction.
Who are the top competitors of BLC Bank?
BLC Bank's top competitors include Scotiabank, Bank Audi and Blom Bank.
Who are BLC Bank's investors?
BLC Bank has 1 investor. Key investors include FMO.
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