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Bankmed
Bankmed SAL (Arabic: بنك البحر المتوسط ش.م.ل; formerly ''Bankmed SAL)'' is a Lebanese bank, established in 1944, owned by the holding company ''GroupMed''. It is one of Lebanon’s top five banks by both assets and deposits, and has 36 branches in Lebanon,and one in Geneva (called ''Bankmed Suisse''). Bankmed is owned by the family of Rafic Hariri, the former prime minister and billionaire businessman who was assassinated in 2005. The bank is also the largest shareholder in Solidere, the real estate company that rebuilt Beirut's Central District after the Lebanese Civil War. In 2020, former minister Raya El Hasan was appointed as chairperson of the board after the resignation of Mohammad Hariri. Bankmed’s total assets by 2018 were $19 billion. Background Egypt-based Jordanian businessman Alaa Al Khawaja acquired the 42.24 percent stake of Ayman Hariri in GroupMed Holding which fully owns Bankmed. The other shareholders in GroupMed are Saad Hariri (42.24% ...
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Raya Haffar El Hassan
Raya El Hassan (, ar, ريا الحسن; born January 1967) is a Lebanese politician who held the office of the interior and municipalities ministry, and the finance ministry. She is the first woman in Lebanon to be appointed to these and equivalent posts in the government. Early life and education El Hassan was born in January 1967 into a Sunni family. She received a bachelor's degree in business administration from the American University of Beirut in June 1987. She then obtained a Master of Business Administration in finance in investments from George Washington University in 1990. Career Early in her career, El Hassan worked with Méditerranée Investors Group. She then served as an advisor to the Minister of Economy and Trade and later worked as a member of the Office of the Prime Minister, leading different projects and supervising expenditure management reforms. Subsequently, El Hassan also worked on reforms, elaborating economic and social reform agendas, for the Prime ...
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Fransabank
Fransabank (Arabic: فرنسبنك ) is one of the oldest banks in Lebanon. Today, Fransabank Group has a consolidated presence in eight countries: Lebanon, France, Algeria, Sudan, Belarus, Iraq, UAE (Abu Dhabi) and in Ivory Coast. The Group also ranks first in terms of local branch network with 125 branches strategically spread all over the country. History In 1921, the Bank opened as a branch of Crédit Foncier d'Algérie et de Tunisie (CFAT). In 1963, the bank was renamed to the new name of ''Société Centrale de Banque'', and in 1971 was purchased by Banque Française pour le Moyen-Orient SAL (BFMO), a Lebanese banking company. After numerous mergers with other Lebanese banks, in 1982 the bank was renamed Fransabank. See also * BankMed * Banque Libano-Française * Crédit Libanais * Saradar Bank * Société Générale de Banque au Liban (SGBL) * Lebanese Swiss Bank * List of banks in Lebanon This is a list of banks in Lebanon. List of banks Central bank * Banque ...
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Bank Audi
Bank Audi (Arabic: بنك عودة, previously Bank Audi- Saradar) is a Lebanon-based universal bank and financial services company headquartered in Beirut, offering financial products and services in personal banking, business banking, private banking and Treasury and Capital Markets segments. Bank Audi has a network of 116 branches and more than 300 ATMs, and worldwide correspondents in 25 cities globally. It operates principally in Lebanon, in the MENA region and in Turkey. As of September 2021, Bank Audi's private customers’ deposits reached USD 20.8 billion, with shareholders’ equity reaching US$2.7 billion, and consolidated assets totaling US$28.0 billion. History Bank Audi was founded in 1830, but was only incorporated as a bank in 1962. Members of the Audi family, as well as Kuwaiti investors, were the first shareholders. Since 1983, the shareholder base has expanded and currently consists of more than 1,500 holders of Common Shares and Global Depository Receipts. In ...
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List Of Banks In Lebanon
This is a list of banks in Lebanon. List of banks Central bank * Banque du Liban (BDL) List of Banks Lebanese based banks sorted by their significant presence domestically and overseas: * Bank Audi * Byblos Bank * Bank of Beirut * Bank of Beirut and Arab Countries * BankMed * Banque Libano-Française * BLOM Bank * BSL Bank * Cedrus Bank * Creditbank * Crédit Libanais * First National Bank * Fransabank * Intercontinental Bank of Lebanon (IBL) * Lebanon and Gulf Bank * Saradar Bank * Bank of Beirut * Société Générale de Banque au Liban (SGBL) * Lebanese Swiss Bank * AM Bank (Al-Mawarid Bank) * Lebanese Canadian Bank * Jammal Trust Bank * CSCBank * Intra Bank * Fenicia Bank Foreign banks * Citi * Arab Bank * Banca di Roma * National Bank of Kuwait (Lebanon) Closed banks * Al-Madina Bank See also * Economy of Lebanon * List of banks in the Arab world External links Banking in Lebanon {{DEFAULTSORT:List Of Banks In Lebanon Banks Lebanon Business in Leba ...
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Arabic
Arabic (, ' ; , ' or ) is a Semitic languages, Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walter de Gruyter GmbH & Co. KG, Berlin/Boston, 2011. Having emerged in the 1st century, it is named after the Arabs, Arab people; the term "Arab" was initially used to describe those living in the Arabian Peninsula, as perceived by geographers from ancient Greece. Since the 7th century, Arabic has been characterized by diglossia, with an opposition between a standard Prestige (sociolinguistics), prestige language—i.e., Literary Arabic: Modern Standard Arabic (MSA) or Classical Arabic—and diverse vernacular varieties, which serve as First language, mother tongues. Colloquial dialects vary significantly from MSA, impeding mutual intelligibility. MSA is only acquired through formal education and is not spoken natively. It is ...
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Nazik Hariri
Nazik Hariri (née Audi; ar, نازك حريري) is the widow of former Prime Minister of Lebanon Rafic Hariri. She married him in 1976. Nazik is of Palestinian origin. She married twice. She has three children from her second spouse, Rafic Hariri, including Ayman, Fahd and Hind. Her daughter from her first marriage, Joumana, is the wife of businessman Nizar Dalloul who is the son of the Shia politician Mohsen Dalloul Mohsen Dalloul (born 1933) is Lebanese journalist and politician. Being a member of the Progressive Socialist Party he served as the minister of agriculture and minister of defense in the 1990s. He is a long-term member of the Lebanese Parliament .... References External links The World's Billionaires - #891 Nazek Hariri - Forbes Year of birth missing (living people) Living people Nazik Lebanese people of Palestinian descent {{Lebanon-bio-stub ...
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Economy Of Lebanon
The economy of Lebanon has been experiencing, as of late 2019, a large-scale, multi-dimensional crisis, including a banking collapse, a liquidity crisis and a sovereign default. It is classified as a developing, lower-middle-income economy. The nominal GDP was estimated at $19 billion in 2020, with a per capita GDP amounting to $2,500. In 2018 government spending amounted to $15.9 billion, or 23% of GDP. The economy significantly expanded after the 2006 Lebanon War, with growth averaging 9.1% between 2007 and 2010. After 2011, the local economy was affected by the Syrian civil war, growing by a yearly average of 1.7% on the 2011–2016 period and by 1.5% in 2017. In 2018, the size of the GDP was estimated to be $54.1 billion. Lebanon is the third-highest indebted country in the world in terms of debt-to-GDP ratio. As a consequence, interest payments consumed 48% of domestic government revenues in 2016, thus limiting the government's ability to make needed investments in infras ...
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Byblos Bank
Byblos Bank (abbreviated as BYB) is a Lebanese bank established in 1963 and headquartered in Beirut, Lebanon. It is the country’s third largest bank by assets. It is one of the Alpha banks in Lebanon, along with Banque Libano-Française S.A.L.BLF, Bank Audi, BLOM Bank, and Fransabank, which are its main competitors. As at 31 July 2018, it operates 88 branches in Lebanon. History Byblos Bank was initially founded in 1950 as “Société Commerciale et Agricole Byblos Bassil Frères & Co.”, a Lebanese company specialized in natural silk, leather tanning, and agricultural credit activities. In 1961, the company’s name was changed to “Société Bancaire Agricole Byblos Bassil Frères & Co.”, and in 1963 it was established as Byblos Bank S.A.L and registered at the newly established Banque du Liban. The initial founders include Semaan Melkan Bassil, Youssef Melkan Bassil, Victor Fernainé and Fouad Fernainé, all hailing from powerful families based in the ancient Phoenician ...
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Banque Du Liban
Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the main responsibilities of the bank is issuing Lebanon's currency, the Lebanese Pound. Other responsibilities include maintaining monetary stability, regulation of money transfers, and maintaining the soundness of the banking sector. Banking is a very important part of Lebanon's economy with over 100 different banks, which makes the role of BdL particularly important. It currently owns 99.37% of the shares of Lebanon's national carrier, Middle East Airlines. The BdL is also the dominant shareholder of the Intra Investment Company (IIC) which in turn owns 53% of Casino du Liban, making it the only central bank worldwide to rule over a Las Vegas-style gambling casino. Besides the main branch in Beirut, it has branches in Aley, Baalbeck, Bikfaya ...
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Saad Hariri
Saad El-Din Rafik Al-Hariri ( ar, سعد الدين رفيق الحريري, translit=Saʿd ad-Dīn Rafīq al-Ḥarīrī; born 18 April 1970) is a Lebanese-Saudi politician who served as the prime minister of Lebanon from 2009 to 2011 and 2016 to 2020. The son of Rafic Hariri, he founded and has been leading the Future Movement party since 2007. He is seen as "the strongest figurehead" of the March 14 Alliance. Hariri served as Prime Minister of Lebanon from 9 November 2009 to 13 June 2011. After three years living overseas, he returned to Lebanon on 8 August 2014 and served a second term as Prime Minister from 18 December 2016 to 21 January 2020. Hariri's surprise announcement of an intent to resign, broadcast on 4 November 2017 on Saudi state TV, has widely been seen as part of the Iran–Saudi Arabia proxy conflict in Lebanon, and triggered a dispute between Lebanon and Saudi Arabia. The resignation was later suspended, following President Michel Aoun's request to "put it on ...
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Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabian hinterland has contributed to its rich history and shaped a cultural identity of religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of , making it the second smallest country in continental Asia. The official language of the state is Arabic, while French is also formally recognized; the Lebanese dialect of Arabic is used alongside Modern Standard Arabic throughout the country. The earliest evidence of civilization in Lebanon dates back over 7000 years, predating recorded history. Modern-day Lebanon was home to the Phoenicians, a m ...
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Ayman Hariri
Ayman Rafic Hariri (born 16 May 1978) is a Lebanese billionaire businessman, the second-youngest son of tycoon Rafic Hariri. He is the CEO and co-founder of the social network Vero, and the former deputy CEO of Saudi Oger. Early life Ayman Hariri is the second-youngest son of Rafic Hariri. Born in Saudi Arabia, Ayman moved to Paris at age 12 to attend school.Breaking Away: Billionaire Ayman Hariri on Becoming A Tech Entrepreneur
''Forbes''. Retrieved 5 August 2020.
He moved to the United States to study at Georgetown University and graduated in 1999 with a bachelor's degree in computer science.


Career

While at Georgetown he interned at ...
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