bankmed

bank med

Established in 1944 and headquartered in Beirut, Bankmed has grown to become one of Lebanon’s leading banks. Through its 50 branches within Lebanon, Bankmed offers a wide range of innovative products and quality services tailored to individuals’ and corporations’ needs. Bankmed differentiates itself through its high quality service and the personalized attention that it offers to its clients. Bankmed has always believed that a thriving Lebanese economy is the best possible environment for a successful bank. Therefore, the Bank has been financing commercial, industrial, and contracting activities. In fact, Bankmed's support has contributed to the growth of these sectors and the resurgence of the Lebanese economy since 1990, placing the Bank in the position of market-leader in Corporate Banking. Recently, Bankmed has focused on enhancing Small and Medium Enterprises (SME) business that form an important segment of the Lebanese economy. Bankmed is recognized for its well-established corporate business line and distinctive Retail Banking, in addition to its Brokerage and Investment Banking services that have been widely recognized and rewarded.

International Presence

Bankmed has pursued a prudent expansion policy, establishing a presence in selected markets with sustainable growth potential. The Bank’s operations extend to Cyprus, Switzerland, Turkey, Saudi Arabia, Iraq, and most recently to the United Arab Emirates.

Bankmed’s private bank in Switzerland is engaged in asset-management and advisory wealth management services. Backed by a professional management and investment team with a solid experience in the private banking arena, Bankmed (Suisse) provides a full spectrum of investment products.

In 2006, Bankmed teamed up with Arab Bank to acquire a commercial bank in Turkey, and rebranded it as Turkland Bank, better known as T-Bank. The bank is one of Turkey's fastest growing niche banks, specializing in providing premium banking services to the commercial business sector as well as to SMEs through its 32 branches spanning Turkey’s most prominent business hubs.

Bankmed has also expanded its overseas activities to investment banking. Incorporated as a closed joint stock company in the Kingdom of Saudi Arabia in December 2007 and regulated by the Saudi Capital Market Authority (CMA), SaudiMed Investment Company has been an important addition to Bankmed’s regional presence. It acts as a financial intermediary offering investment and advisory services in the KSA and the region.

Bankmed also enjoys a presence in Cyprus via a branch in Limassol. Bankmed Cyprus is both geographically close to Lebanon and is within the European Union, providing Bankmed with a strategic location from which to serve international and local customers. Additionally, based on its extensive experience and in line with its plans for further regional expansion, Bankmed has extended its international presence to Iraq in 2012. The Bank inaugurated three branches in Baghdad, Erbil, and Basra.

Most recently, Bankmed opened a representative office in DIFC (Dubai International Financial Centre) to operate a brokerage and a corporate business. Bankmed is in fact the first bank from the region to embark on such an expansive mission in an aim to capture the transactions’ flow between the Middle East, Africa, and Europe.

A Socially Responsible Bank

Bankmed believes that its duty and obligation to give back to the community in which it operates, and it therefore embraces a solid commitment to Corporate Social Responsibility. The Bank launched in 2009 a successful environmental campaign, “Happy Planet,” which continues today. The initiative attempts to raise awareness about issues pertaining to the environment and includes funding of various environmental programs. In this regard, Bankmed has undertaken several environmental projects in collaboration with government departments, ministries and NGOs. In addition, the Bank plays a pioneer role in supporting education, sports, culture, and community and economic development initiatives, hence displaying a strong commitment to creating a better and more promising Lebanon for tomorrow’s generations.

erbil-bakhtyari qr