Banque BEMO sal is a commercial bank whose services and activities cover both the Lebanese and regional markets.
The Bank is known for its competency in delivering high quality services and products, and for its customer satisfaction orientation. Products and services target private individuals; families; medium and large sized local companies; international and subsidiaries of multinationals and; banks and financial institutions.
In order to maintain its sound position, Risk Management has become an integral part of the Bank’s operations and contributed to maintaining its strong balance sheet. This is in line with the Bank’s conservative foundations, which have provided a solid platform for the Bank to build up its value and advance its market position.
New direction, new heights
Over the past few years, the Bank’s strategic direction was redefined and reoriented towards the creation of a specialized quality bank, that caters to high net worth individuals, families and corporations.
Starting 2003, and in order to better tailor its products and services to its clients’ needs, the Bank aggressively revamped its operations, by emphasizing on quality and professional know-how through the encouragement of cross-functionality and synergies among the various divisions of the Bank, allowing thus for additional value creation from available resources and client base. For this purpose, the Bank’s Senior Management and its major divisions have relocated to the prestigious Beirut Central District, allowing ease of access to clients and providing staff with an ergonomic workspace.
The management of the Bank is composed of seasoned bankers with hard-earned experience in the Lebanese and Arab markets, as well as from leading international banking and financial institutions. The large network of international banking correspondents provides the Bank with a competitive advantage in servicing the trading and credit needs of its clients worldwide.
Local and regional outreach
The Bank offers a full range of commercial and private banking services through nine branches in Lebanon, with a concentration on the Greater Beirut area, and through one branch in Limassol, Cyprus. The Bank’s domestic branches service its Lebanese clientele, while a dedicated team of roaming bankers, in addition to the Cypriot branch team, cover the Arab and neighboring markets.
In 2003, on the regional front, the Bank expanded its reach by tapping into the virgin Syrian market through a joint venture with Banque Saudi Fransi, which led to the creation of Banque Bemo Saudi Fransi in Damascus.
The bank expanded as well its relations and networks in the broader Gulf and Arab markets to better serve its clientele in this geographical area.