AM Bank

AM Bank (or Al-Mawarid Bank, Arabic: بنك الموارد) is a Lebanese medium-size bank that was established in 1980,[1][2][3] by Salim Khaireddine, Maroun Kissirwani, and Omar Jundi. The bank provides basic banking services, card processing, investment banking and insurance brokerage.

Not to be confused with AmBank, a Malaysian bank.
AM Bank
TypePrivate Joint Stock Company
IndustryBanking
Founded1980
HeadquartersBeirut
Area served
Lebanon
Websitewww.ambank.com

The bank was the first in the country to introduce credit cards in 1995 and to mobile banking in 2010.

It is registered under Banque du Liban[4] list at #101.

Board of directors
  • Marwan Kheireddine (Chairman, General Manager)[5][2]
  • Ibrahim Hanna Daher
  • Majid Jumblat
  • Omar Jundi
  • Edmond Jreissati
  • Ibrahim Houssamy
  • Mahmoud Zeidan
  • Wassim Khaireddine

Products and services

The bank provides commercial banking products and services, including current and saving account options with credit, debit and prepaid cards available. It offers personal loans, car loans, educational loans and housing loans. It also offers insurance and investment plans. Other services include online and mobile banking, bills domiciliation, delivery service and loyalty card programs.

Location and branches

The branch network covers major Lebanese provinces, with headquarters in Beirut.

Full-service branches are found in: Hamra, Aley, Baakline, Mar Elias, Manassef, Shtaura, Sheheem, Maten, Tripoli, Dora, Hasbaya, Dahieh, Cola, Jounieh, Saifi, Verdun and Achrafieh.

New identity

The bank launched its new corporate identity in October 2012.

International correspondents
caption
CountryCorrespondent
USABank of New York Mellon
FranceBLC Bank (France) SA
FranceAudi Bank (France) SA
EnglandBritish Arab Commercial Bank
TokyoBank of New York
GermanyCommerzBank AG
GenevaBLOM Bank Switzerland
BelgiumByblos Bank-Belgium SA
ItalyIntesa BCI S.p.A.
AustraliaCommonwealth Bank of Australia thru Lebanese Swiss Bank –Beirut -
CanadaBank of Montreal thru Lebanese Swiss Bank –Beirut -
DubaiMashreqbank P

See also

References
  1. ""بنك الموارد"... "أكيد فينا"". Addiyar. 2019-07-29. Retrieved 2021-03-06.
  2. "Medium- to Large-Size AMOLED Displays". dx.doi.org. doi:10.1109/isscc.2008.4523113/mm1. Retrieved 2021-03-06.
  3. "The Daily Star". www.ambank.com. Retrieved 2021-03-06.
  4. BDL BANK Archived May 17, 2013, at the Wayback Machine
  5. "Al-Mawarid Bank mark Christmas with luxury lunch". The Daily Star Newspaper - Lebanon. 2010-01-09. Retrieved 2021-03-06.
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