AM Bank (or Al-Mawarid Bank,

Arabic Arabic (, ' ; , ' or ) is a Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walte ...

: بنك الموارد) is a

Lebanese Lebanese may refer to: * Something of, from, or related to the Lebanese Republic * Lebanese people The Lebanese people ( ar, الشعب اللبناني / ALA-LC: ', ) are the people inhabiting or originating from Lebanon. The term may al ...

medium-size bank that was established in 1980, by Salim Khaireddine, Maroun Kissirwani, and Omar Jundi. The bank provides basic banking services, card processing,

investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...

and

insurance broker An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negoti ...

age. The bank was the first in the country to introduce credit cards in 1995 and to

mobile banking Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses ...

in 2010. It is registered under

Banque du Liban Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the m ...

list at #101.

Board of directors

* Marwan Kheireddine (Chairman, General Manager) * 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 Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint o ...

. Full-service branches are found in: Hamra,

Aley Aley ( ar, عاليه) is a major city in Lebanon. It is the capital of the Aley District and fourth largest city in Lebanon. The city is located on Mount Lebanon, 15 km uphill from Beirut on the freeway to Damascus. Aley has the nick ...

, Baakline, Mar Elias, Manassef, Shtaura, Sheheem, Maten,

Tripoli Tripoli or Tripolis may refer to: Cities and other geographic units Greece *Tripoli, Greece, the capital of Arcadia, Greece *Tripolis (region of Arcadia), a district in ancient Arcadia, Greece * Tripolis (Larisaia), an ancient Greek city in t ...

, Dora, Hasbaya, Dahieh, Cola,

Jounieh Jounieh ( ar, جونيه, or ''Juniya'', ) is a coastal city in Keserwan District, about north of Beirut, Lebanon. Since 2017, it has been the capital of Keserwan-Jbeil Governorate. Jounieh is known for its seaside resorts and bustling night ...

, Saifi, Verdun and

Achrafieh Achrafieh ( ar, الأشرفية) is an upper-class area in eastern Beirut, Lebanon. In strictly administrative terms, the name refers to a sector (''secteur'') centred on Sassine Square, the highest point in the city, as well as a broader quarte ...

New identity

The bank launched its new corporate identity in October 2012.

International correspondents

References