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Middle East and Africa Bank - Middle East and Africa Bank
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Middle East and Africa Bank

Official Certification
Lebanon
Business
20 Year
Current Enterprise Rating
5.00
Industry Rating
a

Enterprise Introduction

Full Name Of The Enterprise
Full Name Of The Enterprise
Middle East and Africa Bank
Country
Country
Lebanon
Market Classification
Market Classification
Business
Enterprise Classification
Enterprise Classification
Bank
Registration Time
Registration Time
1991
Business Status
Business Status
Active

MEAB bank s.a.l was established in 1991 as a commercial bank in Lebanon. With the founders' commercial enterprises achieving great success in underserved areas of Africa, they used their experience and entrepreneurial skills to establish MEAB Bank in their home country. Since opening their first branch in Verdun, MEAB Bank has grown from a small business bank to a full-service bank with over 20 branches in Lebanon and 2 in Iraq. Today, the bank has a strong reputation for high quality services and standards, as well as a proven track record of modernity.

In its short history, MEAB Bank has quickly become a trusted and growing bank. Over the years, MEAB Bank has been recognized by many institutions and institutions for its reputation as a trustworthy and growing bank. In 2011, the Banker Middle East Awards recognized MEAB Bank as the "Fastest Growing Bank in Lebanon". The World Finance Bank Awards recognized MEAB Bank as the "Best Private Bank in Lebanon" in 2012 and 2015, respectively.

Focused on achieving sustainable profitable growth while improving the quality of services, the bank continues to expand domestically with the goal of expanding its distribution network and increasing its product penetration rate. MEAB Bank continues to be committed to adhering to local and international standards of AML and CTF and FATCA to ensure safe and reliable banking services for its customers.

Today, the Lebanese banking sector is working through 59 active banks, distributed as follows:

  • Alpha group: 16 banks with deposits over $2 billion
  • Beta group: 15 banks with deposits between $500 million and $2 billion
  • Gamma group: 7 banks with deposits between $200 and $500 million
  • Delta group: 21 banks with deposits below $200 million

MEAB bank is among all active banks in Lebanon 18th largest bank in deposits .

MEAB Bank ranks second in the Beta group by total deposits

Currently, MEAB bank s.a.l owns:

  • With 7 branches in Lebanon and 1 branch in Iraq, it is dedicated to providing first-class banking services to its customers.
  • 14 ATMs
  • 184 employees
  • More than 15,000 customers

MEAB Bank's ranking among Lebanese banks in 2018 is as follows:

Ranked in Beta Group Ranked among all Lebanese banks Ranked: 2018201720182017 Deposits 231819 Total assets 231819 Shareholders' equity 432019 Net profit 852421

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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
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