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Fransabank Subsidiary Bancassurance Ranks 1st in Lebanon
3/27/2013
Fransabank Subsidiary Bancassurance Ranks 1st in Lebanon
Fransabank Group’s majority-owned Bancassurance sal ranked 1st in Lebanon in 2012, among bank insurance companies; thus leading the bank-insurance market among 34 life insurance companies operating in Lebanon as per Al Bayan magazine’s March issue.
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With double growth results compared to its peers in the market, Bancassurance continues to lead the market with a wide-ranging variety of vital life insurance products offered at the branch network of its mother companies, mainly Fransabank Group’s two banking arms Fransabank SAL and BLC Bank SAL, owners of 40% and 20% respectively of the company’s shares.

Fransabank SAL offers at its branch network a comprehensive portfolio of saving and insurance plans, namely Fransavie, Fransavenir and Fransajeunesse, in addition to the latest launch of fransahome, the Home Saving Plan, with is gaining quick market share due to its innovation and answering of vital customer needs.
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