Bankmed’s Message
This site has been developed to add value to our personalized services and reflect our mission “To best serve and empower our customers and the society at large, to dream, innovate and grow.” We act as your valuable partner offering you a robust range of solutions that cater to your daily needs as well as your long-term goals, while we aspire to be a leading bank continuously reinvented for you.
We equally remain committed to our core principles that stem from a sound corporate governance, solid financial stability, sustainable growth, as well as an uncompromising commitment to customer service.
Our core values form the bedrock of our operations and define our business approach and commitment to our greater community.
Overview
Key facts about Bankmed sal and our organisation.
01 — Bank Name
Bankmed sal
02 — Ownership
GroupMed Holding sal
03 — Chairperson
Raya Haffar El Hassan
04 — Executive General Manager
Michel Accad
05 — Head Office
Clemenceau, Beirut, Lebanon
06 — Date of Establishment
1944
07 — Number of Staff
615 — 46.02% male, 53.98% female
What we stand for
Our core values form the bedrock of our operations and define our business approach.
We give back to our communities
- We adopt and implement environmental initiatives
- We promote health and wellness programs
- We support diversity and inclusion
We provide a unique Customer Experience
- We serve with passion, proactively and efficiently
- We innovate, continuously
- We provide quality service, consistently
- We make banking simple
We value our human capital
- We are an equal opportunity employer
- We encourage and recognize initiatives, innovation, teamwork and achievements
- We foster a motivational environment for talent and personal development
- We advocate an open, clear and transparent communication culture
We comply with the highest ethical standards
- We act responsibly in the best interest of our stakeholders
- We are fair, transparent, respectful and honest
- We cherish diversity
Sound corporate governance
We remain committed to core principles that stem from sound corporate governance, solid financial stability, sustainable growth and an uncompromising commitment to customer service.
Bankmed practices responsible corporate governance with active board oversight, transparent disclosures, and empowered internal and external audit functions.
- Protecting shareholders’ rights and treating all stakeholders equitably
- Full disclosures, transparency and sound practice
- Independent internal and external auditors and banking supervisors
Historical figures, 2014–2018
Balance sheet, income statement and key operational data (USD millions, unless noted).
Balance Sheet Highlights
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Total Assets | 15,420 | 15,551 | 16,022 | 16,625 | 19,030 |
| Total Loans | 4,746 | 5,140 | 5,061 | 4,439 | 3,619 |
| Total Deposits | 12,123 | 12,075 | 12,078 | 13,042 | 13,334 |
| Total Equity | 1,501 | 1,520 | 1,545 | 1,568 | 1,271 |
Income Statement Highlights
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Net Interest Income | 264 | 299 | 279 | 329 | 209 |
| Commissions & Fees | 62 | 62 | 101 | 75 | 66 |
| Net Financial Revenues | 468 | 605 | 602 | 673 | 333 |
| Net Income | 133 | 139 | 130 | 104 | 31 |
Operations
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Total Staff | 2,408 | 2,624 | 2,658 | 2,558 | 2,254 |
| Number of Branches | 108 | 114 | 122 | 128 | 108 |
Key Ratios (%)
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Capital Adequacy — Basel III | 14.31 | 15.28 | 15.44 | 15.81 | 17.21 |
Annual Reports
Access our annual reports and financial disclosures.
Recognition
Awards and honours received by Bankmed.
Visa Excellence Program Award
In recognition of the Bankmed Youth Program.
Best Investment Bank, Saudi Arabia (SaudiMed)
World Finance Banking Awards.
Best Retail Bank, Lebanon
World Finance Banking Awards.