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Business Accounts
We offer at LSB a full range of client-focused corporate and commercial banking accounts that are suitably structured taking into consideration each and every client's regulatory and specific needs. Based on our long proficiency in corporate banking, we have made significant success in providing solutions for a number of companies including regional, domestic business houses and other public sector companies.
Business Checking Account
Despite the current size of your company, we have large features that let you focus on your business without having to worry about banking. LSB Business Current Account enables authorized parties to access funds immediately, offers checkbook facilities and is available to all types of companies - sole proprietorships, joint stock companies, limited liability companies,… including Lebanese resident or non and non Lebanese resident. Your account can be held in any currency and can be easily operated from anywhere in Lebanon and abroad to operate and track your transactions at your convenience, from your office or home. Depending on the account you choose, there can be free Check-books and VISA debit cards and VISA internet cards.
Term Deposits Corporate
A corporate term deposit account is tailored for Corporations of any nationality who would like to earn a higher rate of interest on a sum of money they are prepared to block for a certain period.
The interest rate varies according to market conditions. Interest for this term deposit account is paid upon maturity. You can choose for monthly, quarterly or yearly interest payments, automatic renewals, automatic credit of interest and principal to your account on the selected due dates… Some restrictions apply to deposits and withdrawals made before this maturity period. Funds may be held in any currency.
CURRENCY* MINIMUM AMOUNT PERIOD
Lebanese Pounds Account Minimum LBP 500,000 1 month, 3 months, 6 months, 1year , 2 years
US Dollars Account Minimum Amount USD 3,000 1 month, 3 months, 6 months, 1year , 2 years
EURO Account Minimum Amount EURO 3,000 1 month, 3 months, 6 months, 1year , 2 years
Great Britain Pounds Account Minimum amount GBP 3,000 1 month, 3 months, 6 months, 1year , 2 years
Canadian Dollar Account Minimum Amount CAD 3,000 1 month, 3 months, 6 months, 1year , 2 years

*Accounts in other currencies available on a case by case basis.

Margin Accounts
Any corporate term deposit or new fresh deposits can be linked to a margin account that offers the possibility to grant loans or overdraft against this linked collateral at a very competitive spreads with a ceiling for the advance or the overdraft that can reach up to 90% of the deposit.
Margin account
Spread
Collateral should be
Loans & Collateral of the same currency
Guarantor Same person
1.5%
110% of the loan
Guarantor another person
2.5%
110% of the loan
Loans & Collateral of different currency
Guarantor Same person
1.5%
120% of the loan
Guarantor another person
2.5%
120% of the loan

*Accounts in other currencies available on a case by case basis.

Requirements
  Signatories’ identities cards.  
  Nature of business.  
  Commercial register.   
  Full address. 
  Company’s General Assembly.  
  Company’s circular or list of authorized signatories.  
  Company’s formation contract internal bylaws.  
  Paid up capital and total assets.  
For more information and to apply, please visit one of our branches