• Home
• News Article

Bank Audi and American Express Middle East celebrate strategic partnership

Bank Audi , in collaboration with American Express Middle East, organised a lavish dinner party at Bice restaurant on October 19, 2011, with a view to strengthening the partnership between both institutions. The partnership, which hasn't stopped developing since its inception in 2003, saw the launch of a series of cards on the market, namely the American Express^® Green Card, the American Express^® Gold Card and the Platinum Card^®, as well as Blue from American Express^®, the first translucent card in Lebanon.

The banquet was attended by H.E. Mr. Raymond Audi , Chairman - General Manager of Bank Audi sal - Audi Saradar Group , Mr. William Keliehor, Chief Executive Officer - American Express Middle East, Mr. Mazin Khoury, Chief Operating Officer - American Express Middle East, members of American Express Middle East and Bank Audi management, as well as Bank Audi privileged clients. The guests were welcomed by Messrs. Audi and Keliehor, both of whom underlined the significance of innovation, swift performance and modern products to serve the interests of cardmembers and the banking industry.

Mrs. Randa Bdeir, Head of Electronic Banking and Cards Services at Bank Audi , seized the opportunity to express her hopes "that the partnership with American Express Middle East develop further over the coming years, and that Bank Audi be able, through this partnership that it is keen on preserving and enhancing, to offer quality services to its esteemed clients, coupled with benefits that suit them and meet their different needs and lifestyles."

"At American Express, we focus on providing our cardmembers with value, daily rewards, superior and reliable service, payment flexibility, and exclusive accesses to experiences wherever they are in the world, through developing products that answer their needs and suit their modern lifestyles," said Mazin Khoury, Chief Operations Officer - American Express Middle East, addressing the audience which consisted of the elite of Bank Audi customers. "We would like to ensure that our cardmembers' association with American Express will only enable the best of experiences and to this end, we continually seek to strengthen our cooperation with partners who are equally committed. We are pleased to extend this partnership with Bank Audi whose is dedicated to providing high levels of service quality."

-Ends-

About Bank Audi sal - Audi Saradar Group
Bank Audi is a universal bank operating in Lebanon, Europe and the Middle East and North Africa (MENA) region, and offering a full range of products and services that cover principally Commercial and Corporate Banking, Retail and Individual Banking, On-line Brokerage, Private Banking and Investment Banking.

Bank Audi ranks first among Lebanese banks in terms of total assets, shareholders' equity, customers' deposits, loans and advances, and profits, and is positioned among the leading Arab banking groups in the MENA region. As at end-September 2011, Bank Audi 's consolidated assets reached USD 28.7 billion, principally driven by private customers' deposits of USD 24.9 billion, with shareholders' equity reaching USD 2.3 billion.

Bank Audi has the largest branch network in Lebanon, with a total of 80 branches (of which 73 operating branches and 2 private banking branches), and 76 branches abroad, of which 72 in the MENA region. On a consolidated basis, the Group operates a network of 156 branches. Besides its historic presence in Lebanon, Switzerland and France, the Bank is now present in Jordan, Syria, Egypt, Sudan, Saudi Arabia, Qatar, Abu Dhabi (through a representative office), Gibraltar, Monaco and Turkey (under incorporation).

About American Express
AMEX (Middle East) B.S.C. (c) - American Express Middle East provides reliable, flexible, tailored and rewarding solutions to its cardmembers, merchants and business partners in the region since 1977. American Express Middle East became a joint venture company in 1992, owned by Mawarid Investment Limited and American Express.

American Express is the card for those individuals who value service, unmatched flexibility, access and daily rewards wherever they are in the world. Operating in 18 markets in the Middle East and North Africa region, the company issues dollar currency credit and charge cards: the Centurion® Card, the Platinum Card®, the American Express® Gold Card, the American Express® Card (Green), as well as company and corporate Cards. ِAmerican Express Middle East also offers a range of local currency-denominated credit cards to give cardmembers across the region even greater flexibility. American Express cards are accepted at millions of locations in more than 200 countries and territories worldwide.

© Press Release 2011