Banque BEMO sal is a Lebanese joint-stock company founded in 1994 as “BEMO-Banque Européenne pour le Moyen Orient Sal”, registered in the Beirut Commercial Registry under No.17837 and, on the Banque du Liban's list of banks under No. 93. It has been listed on the Beirut Stock Exchange since 1999, under No. 1111.
The Bank’s capital is LBP 62,599,400,000 (US$ 41,525,307), consisting of 62,000,000 shares of common stock ("Ordinary" Shares) and 350,000 preferred shares. Out of the total 62,350,000 shares, 51,400,000 shares are publicly held and listed on the Beirut Stock Exchange (BSE). Additional paid-up capital on preferred shares amount to LBP 52,290,454,000 (US$ 34,686,868).
The ownership structure of the Bank’s capital as of November 30th, 2016 is as follows:
Board of Directors as at 30.11.2016
Dr. Riad B. Obegi - Chairman & General Manager
Mr. Samih H. Saadeh - Vice Chairman & General Manager
Sharikat Al Istismarat Al Oropia Lil Shark Al Aousat (Holding) sal- Member (Represented by Mr. Jean V. Hajjar)
Mr. Antoine Y. Mansour Wakim - Member
Sheikh Hassan I. Mohamad Kabbani - Member
Ms. Karine S. Mansour Obegi - Member
Dr. Derek A. El Zein - Member
Mr. Peter A. Hrechdakian - Member
Banque BEMO appointed Dr. Nasri A. Diab and Me. Adel J. Macaron as its legal advisors.
The Bank appointed Deloitte & Touche and DFK Fiduciaire du Moyen Orient as its auditors.