The beginning of a new period for our beloved country provides us with an opportunity to look forward, and for us at BankMed the future has never looked so promising. Now that consolidation, reorganization and re-branding are all behind us, the time has finally come for groundbreaking performance and achievement. Indeed, the initiatives that were undertaken the previous years have begun to materialize. This has been accomplished under extraordinary circumstances and without once letting slip our focus on what means most to us: the clients.

In the past two years the work at BankMed has been nothing short of a veritable construction site. As a result Allied Bank and Saudi Lebanese Bank have been fully integrated into the branch network of BankMed. New divisions and departments were added, branches were relocated and new ones opened, products for both consumers and investors were developed and sold to clients, IT systems were revamped and modernized, advertising campaigns underlining our renewed client-driven culture were launched, economic business reports were disseminated, and strong investments were undertaken on the level of our human resources in terms of recruitment and training.

For us, hard work has paid off quite handsomely. One of the largest banks in Lebanon with a market share of over 10% of total sector’s assets, BankMed boasts with the start of a new year a network of 44 branches spread all over the Lebanese territory and one branch in Cyprus. Our branches have been re-conceptualized into sales outlets for a wide range of retail and investment products. Turkland Bank (T-Bank), our bank in Turkey is growing fast in one of the most promising markets of the Middle East, and SaudiMed Investment Company our investment-banking arm in Saudi Arabia is now ready to provide advisory and funding services for corporate clients in the Kingdom. Meanwhile, BankMed Suisse continues to provide top-notch private banking services for clients with wealth management needs.

At BankMed, providing the best in banking services for our clients will continue to be our driving aim. As the past two years have demonstrated, we will never shy away from reinventing ourselves with the goal of becoming the most capable financial institution fulfilling any clients’ needs. These clients will discover a genuine partner in us, an investor in their future and a believer in their potential – that, I can assure you personally.

Mohammed Hariri
Chairman - CEO