Topic - Lebanese Canadian Bank

The Lebanese Canadian Bank, now defunct, was based in Beirut in Lebanon and maintained a network of 35 branches in Lebanon and a representative office in Montreal, Quebec, Canada. The bank was established in 1960 as Banque des Activities Economiques SAL and it operated as a subsidiary of the Royal Bank of Canada Middle East from 1968 to 1988 and then became a privately owned Lebanese bank. LCB provided a broad range of corporate, retail, and investment products, and maintained extensive correspondent accounts with banks worldwide, including several U.S. financial institutions. In 2009 LCB’s total assets were worth more than $5 billion. - Source: Wikipedia