Our History

Al-Mawarid Bank s.a.l. was established in 1980 and has been profitable every year since its inception. This impressive performance can be attributed to Al-Mawarid’s sound management structure coupled with our philosophy that customer satisfaction comes first. Al-Mawarid Bank is registered in the Bank's list # 101 BDL. 

 

Another factor has been the commitment by our shareholders to re-invest all profits to support the bank’s ongoing expansion scheme. The shareholders have also demonstrated their commitment to the bank by raising capital from their personal funds whenever expansion plans warranted additional capital injection.

 

Al Mawarid Bank branch network covers all provinces and most major cities and residential areas. This sizeable and carefully located branch network has been instrumental in expanding our customer base.

 

Over the years Al-Mawarid has succeeded in meeting its main objective, which is to continuously introduce high-quality products and services that meet our customers’ evolving needs. Aside from basic banking services, Al-Mawarid’s scope of operations now includes insurance brokerage in addition to an investment banking unit and card processing unit. To keep ahead of the highly competitive market, Al-Mawarid has made substantial investments in the latest technologies and now boasts an extremely advanced IT infrastructure.

 

This bold strategy has driven Al Mawarid bank further in the Lebanese bank ranking.

Its solid corporate foundation combined with its promise to deliver the most innovative and attractive banking products can only strengthen and consolidate its position among Lebanon’s leading banks.