AM Bank

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

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.

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
Country Correspondent
USA Bank of New York Mellon
France BLC Bank (France) SA
France Audi Bank (France) SA
England British Arab Commercial Bank
Tokyo Bank of New York
Germany CommerzBank AG
Geneva BLOM Bank Switzerland
Belgium Byblos Bank-Belgium SA
Italy Intesa BCI S.p.A.
Australia Commonwealth Bank of Australia thru Lebanese Swiss Bank –Beirut -
Canada Bank of Montreal thru Lebanese Swiss Bank –Beirut -
Dubai Mashreqbank P

See also

References

  1. ^ ""بنك الموارد"... "أكيد فينا"". Addiyar. 2019-07-29. Retrieved 2021-03-06.
  2. ^ a b "Medium- to Large-Size AMOLED Displays". doi:10.1109/isscc.2008.4523113/mm1. Retrieved 2021-03-06. {{cite journal}}: Cite journal requires |journal= (help)
  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.