LFF is a financial company wholly owned by the Bank and registered under N° 14 in the list of financial institutions at Central Bank of Lebanon. It was established in 1995 in Lebanon under the name of Indosuez Capital Moyen-Orient SAL. In 1998, Indosuez Capital Moyen-Orient SAL changed its name to Crédit Agricole Indosuez Liban (CAIL). In 1999, the Bank increased its stake to 100 percent of the share capital of CAIL and, in 2003, changed its name to Libano-Française Finance SAL. “LFF” offers a wide range of services, including investment advisory, asset allocation, international and domestic securities brokerage covering equity, fixed-income and derivative securities, structured products, offshore investment trusts and investments funds of all types.
As at December 31, 2009 LFF employed eighteen professionals who operate through three dedicated desks: trading desk, funds and structured products desk and advisory desk.
LFF’s local and international trading desk covers Lebanese and major international financial markets in Europe, the United States, Japan, other parts of Asia and Australia and conducts dealings in all types of instruments, including equity, fixed-income and derivative securities, including futures and options on currencies, indices and commodities. LFF is recognized for its fast and efficient trading capabilities, superior service quality and competitive brokerage rates.
The funds and structured products desk offers access to a wide range of mutual and hedge funds and designs tailor-made solutions for its clients, as well as structured products to be distributed through the Bank’s network. Structured products may be based on or linked to equities, interest rate indices or interest-bearing instruments, commodities, credit instruments, foreign currencies and funds and other collective investment schemes.
The advisory desk handles the origination and structuring of sophisticated financial transactions, such as Islamic compliant transactions. Through its advisory desk, LFF also acts as an arranger of capital markets transactions for corporate clients and financial institutions.