History
Established in 1963 as “Investment Bank” and purchased by the Jammal group in 1971 Jammal Trust Bank has built a reputation for over four decades as being a quality, private commercial banking institution and the first Lebanese bank to offer its services in the UK and Egypt. It also developed a reputation for supporting both Lebanon’s SME market through commercial lending and Africa’s Lebanese Diaspora through large scale trade finance in more than one west and central African country.
To enhance such ties, alongside a significant share of the Lebanese market for small business loans, the bank has set up representative offices in Nigeria and the Ivory Coast. While on the drawing board our plans for expanding JTB’s African presence to cover five countries over the coming years.
JTB at a Glance
Total Branches: 22
Total Staff: 293
Assets at end 2008: $473 million
Assets at end 2009: $498 million
Capital Adequacy Ratio (2009): 18,41%
Share of Peer Gamma Group (Lebanon) JTB
2008 2009 2009
Assets 0,42 0,36 0,37
Loans & Discounts 0,39 0,38 0,32
Deposits 0,41 0,38 0,32
Country Ranking (2009)
| |
|
Out of GammaGroup |
| Shareholder Equity |
|
3 |
| Branches |
|
1 |
Profits
|
|
6 |
Equity to Assets
|
|
1 |
Capital Adequacy
|
|
4 |
Staff Employed
|
|
1 |
| L/C Openings / yr. |
|
4 |
| Loans & Discounts |
|
3 |
Financial Income
|
|
2 |
| Assets |
|
4 |
| Customer Deposits |
|
4 |