About

FNB Finance S.A.L. (previously known as Capital Finance Company S.A.L. – CFC) is a Lebanese joint stock company registered under N. 75922 in the commercial register on July 27, 2000 and listed under N. 28 on August 29, 2000 on the financial institution list. The principal activity of the company is to provide Credit Facilities to Individuals and Companies, in addition to other activities including investment, financial management and technical advice. However, the company’s operations are currently limited to extending Loans

In February 2010, First National Bank S.A.L. (FNB) acquired 100% of the Company’s shares while keeping it an independent entity. In February 2018, the Company was renamed to “FNB Finance S.A.L. “.

Since its Foundation, FNB Finance S.A.L. (previously known as CFC) established itself as an industry leader and continues to play a key role in setting the standards by which the consumer finance industry conducts business.

The Company’s principal business segments include the financing of Automobiles and Consumer Durable Goods:

Appliances & Electronics Loan	Furniture Loan	Personal Loan
Factoring	Micro Loan	MasterCard Credit Cards

To be the leading consumer finance company in Lebanon, providing experienced management, know-how and technologies, and ultimately offering our client flexible products, excellent service and a superior delivery system.

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943

To maximize shareholder value through the introduction of a core product range and by employing premier human capital support by superior technology
To be recognized as a leader in the financial services industry by providing innovative flexible products and unmatched quality service to consumer
To provide our Customers and Employees with an ideal working environment conducive for business
To be a good corporate citizen assisting in the development of local economies, societies, and communities

FNB Finance core competencies are intended to be the cornerstone of its success through:

The implementation of procedures and processes based on Best Industry Practice
Advanced technologies and systems
Innovative products
Quality customer service
Professional and highly effective workforce

Fast Reply Time: ever since the beginning, our company has been structured and organized to process loan applications in the quickest possible manner.
Convenient Collection Services: FNB Finance offers a variety of hassle-free collection services to suit your needs including OMT, Direct Debit, or settlement at any First National Bank sal branch or FNB Finance sal branch.
No Prepayment Penalties: FNB Finance is the only financial institution in Lebanon that does not charge any penalty when a customer prepays his loan in full. In fact, the whole unearned interest amount accrued on the remaining installments will be reimbursed to the last penny.
Payment Protection Insurance: All our products are bundled to a life insurance that will cover the client's remaining monthly installments in case of death.
One Stop Shop Approach: The credit transaction is conducted in full at the dealer's showroom without the need for the customer to visit FNB Finance office. While looking around in the showroom, the customer will get fast approval, sign needed documents at the showroom, and receive the items purchased immediately.
Full Marketing Support: We continuously develop promotions with our dealers to increase their sales turnover. In 2001 FNB FInance was the first financial institution in Lebanon to introduce the "0% interest" promotion on consumer loans as well as the "Buy Now and Start paying after 3 months" promotion.
Socially Responsible – Good Corporate Citizen- by committing to responsible lending and contributing to charitable causes.

US$ 700+ million lent since inception
100,000+ customers served since inception
400+ retailer network

Rami El-Nimer - Chairman
Tarek I. Kombarji – Member and CEO
Abdallah Al-Humaidhi - Member
Arfan Ayass - Member
Elias Baz – Executive Member
Roland Haraoui - Member
First National Bank S.A.L. (Represented by Mr. Najib Semaan) - Member

Assets	2016 (L.L.000)	2015 (L.L.000)
Cash and deposits with banks	20,600,074	5,407,255
Loans (net)	205,658,348	198,687,337
Other assets	1,649,570	2,436,835
Assets acquired in satisfaction of loans	1,184,339	1,285,929
Property & Equipment (net)	861,642	579,437
Investment in a subsidiary	30,150	30,150
Total Assets	229,984,123	208,426,943
Liabilities
Accounts payable	6,634,282	7,587,544
Accruals and other liabilities	4,898,878	4,956,784
Taxes payable	2,131,088	1,912,621
Overdraft account from the parent company	95,747,202	98,119,701
Term borrowings	15,089,656
Provision for end-of-service indemnity	2,457,220	2,174,877
Total Liabilities	126,958,326	114,751,527
Shareholder's Equity
Capital	10,000,000	10,000,000
Additional paid in capital	25,427,440	25,427,440
Legal reserves	3,333,641	3,333,641
General reserve	3,071,186	1,969,228
Retained earnings	51,843,149	43,809,896
Net income for the year	9,350,381	9,135,211
Total shareholders' equity	103,025,797	93,675,416
Total Liabilities and Shareholder's Equity	229,984,123	208,426,943