Bank of Beirut (UK) Ltd

Reference number: 219523

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
04406777
Company status
Active
Company type
Private limited company
Incorporated
30 March 2002 (24 years old)
Registered office
66 Cannon Street, London, EC4N 6AE, United Kingdom
Nature of business
  • Banks (SIC 64191)

Current directors and secretaries

Name Role Born Appointed
Salim Georges Sfeir Director Sep 1944 14 Aug 2002
Fawaz Mohamad Hachem Naboulsi Director Jul 1950 14 Aug 2002
Sophoklis Argyrou Director May 1973 24 Mar 2015
Ramzi Nabil Saliba Director Mar 1953 3 Jun 2015
Martin John Osborne Director Jul 1967 18 Aug 2016
Antoun Samia Director Jun 1974 23 Aug 2016
Mounir Lyan Director Oct 1951 14 Feb 2023
Jane Mary Lloyd Director Nov 1962 1 May 2024
Kevin John Flannery Director Dec 1958 1 Oct 2024
CORNHILL SECRETARIES LIMITED Corporate secretary Not published 20 Dec 2019

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (5 permissions)
  • Accepting Deposits
  • Administering a regulated mortgage contract
  • Arranging (bringing about) regulated mortgage contracts
  • Dealing in investments as principal
  • Entering into a regulated mortgage contract as lender

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them

1 fine in 2015, £2.1m in total. This is part of the official register record and is worth reviewing before going ahead.

  • Fined £2.1m on 5 March 2015
    On 4 March 2015, the Financial Conduct Authority (the Authority) imposed on Bank of Beirut (UK) Ltd (the Firm) a financial penalty of £2,100,000 (discounted from £3,000,000 for early settlement) in respect of breaches of Principle 11 (Relations with regulators). The Authority found that in the period between 1 June 2011 and 20 March 2013 the Firm failed to implement Risk Mitigation Plan (RMP) action points as directed by the Authority and repeatedly provided inaccurate information to the Authority suggesting that it had completed RMP action points when it had not. In addition, Bank of Beirut breached Principle 11 because it failed to disclose to the Authority that it had not completed remediation of all its customer files to correct deficiencies in the implementation of AML and financial crime procedures (in respect of both its regulated and unregulated business).

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Common questions

Frequently asked questions

Is Bank of Beirut (UK) Ltd FCA authorised?
Yes, Bank of Beirut (UK) Ltd (FRN 219523) is authorised by the FCA to carry out regulated activities.
Is my money safe with Bank of Beirut (UK)?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Bank of Beirut (UK) to the Financial Ombudsman Service, free of charge.
Is Bank of Beirut (UK) a scam or clone?
Bank of Beirut (UK) is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Bank of Beirut (UK)'s Firm Reference Number (FRN)?
Bank of Beirut (UK)'s FRN is 219523. You can verify it on the FCA register.