 Intra Bank accounted for 15% of total bank deposits and 38% of all deposits with Lebanese-owned banks.It owned nine other banks, controlled 35 companies and employed 43,000 people at the time of its collapse.The collapse was followed by its restructuring, under a plan known as the “Kidder Peabody Plan,” which was engineered by Tamraz (who served for years as its chairman and chief executive officer), under which the deposit obligations of the old Intra Bank were replaced with shares in a new company named Intra Investment Company (IIC), one of the major sovereign wealth investment companies in the Middle East.