02 May 2013
BBAC (Bank of Beirut and the Arab Countries) has opened a new branch located in Bliss street, Ras Beirut. The new branch is a reflection of the bank's strong business growth in Lebanon and a result of its strategic expansion drive aiming at meeting the needs of its customers wherever they are.

The new branch is a state-of-the-art banking facility where all customers' financial requirements are met by a team of top banking professionals.

Sheikh Ghassan Assaf, Chairman and General Manager of BBAC, stated: "We seek through our strategic expansion to allow an easy and professional access to our distinguished banking services. The care that we will provide to our customers in this branch will be as always at the core of our values and at the top of our priorities confirming the bank's slogan: Your Caring Bank."

He added: "Opening new branches in bustling commercial hubs renowned by their growing importance on the investment and trading levels will help us reach out to new clients, and confirms the bank's commitment to the development of all Lebanese regions."

Since its inception in 1956, BBAC has maintained a good reputation and leading position among the best and top rated banks in Lebanon. During the past years, it has forged ahead in a successful expansion strategy that has enforced its presence in different Lebanese regions thanks to its unconventional offerings.

BBAC currently operates through its wide-spread network of 37 branches in Lebanon in addition to a branch in Limassol-Cyprus, a representative office in Abu Dhabi, and two branches in Iraq (Erbil and Baghdad).

© Press Release 2013