It was previously named Banque Libanaise pour le Commerce,[4] renamed to BLC Bank in the end of 2004.

Its main activities include fund management, proprietary trading, floor brokerage and margin lending.

Riad Salameh, governor of the BDL, appointed a senior management team led by Shadi Karam, to restructure and re-establish BLC Bank.

BLC was the first bank in Lebanon to provide micro credit loans focusing on the small enterprises as a main business line.

[7] During this same year, the Bank entered the insurance market and created a fully owned subsidiary, BLC Services SAL, to handle this business.

In December 2005, the Qatar Supreme Council for Economic Affairs and Investment acquired the Banque du Liban's shares in BLC Bank SAL.