Internal Audit

The Internal Audit Department aims to provide high quality services in terms of improving the efficiency of the bank's processes and the effectiveness of the risk management and control. Using a risk-based approach, the Internal Audit carries out its duties according to the regulatory requirements and the Institute of Internal Auditors standards (IIA).

The Internal Audit reviews, on regular basis, the annual audit plan in order to re-prioritize the audit engagements in function of the occurring changes and emerging risks.

Furthermore, given the importance of ethics in improving the Bank’s governance and achieving its success, the Internal Audit extended its auditing reviews to encompass the assessment of the ethical climate in the Bank, alongside providing the employees with regular awareness sessions about the importance of the ethical culture at the workplace.

Promoting the Internal Audit’s function to the different stakeholders, the department conducts several presentations to the corporate and family business clients thus expanding the knowledge of Entrepreneurs in Lebanon on the essential role and benefit of the Internal Audit.