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Bank Audi H1 profit up to $190mLebanese Bank Audi said its first half net profit was $190 million, slightly up from $188 million in the same period last year. The bank said in statement its customer deposits grew by $2.9 billion to $34 billion over the first si More… |
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IFC in $150m loan deal with Bank AudiIFC, a member of the World Bank Group, has signed an agreement to provide subordinated loans of $150 million for 10 years to leading Lebanese bank Bank Audi. The deal was signed in co-ordiantion with the IFC Capitalization Fund, m More… |
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Bank Audi unveils 'The Ultimate' cardBank Audi and Middle East Airlines have signed a deal with MasterCard, to launch ‘The Ultimate Cedar Miles World Elite’ credit card in Lebanon. The card will be launched in December, to offer local and regional ultra-h More… |
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Lebanon's Bank Audi profit down 5.5pcLebanon's Bank Audi reported a 5.5 per cent drop in its net profit for the first nine months of 2013 in comparison to the same period last year. The $261 million in net earnings, compared to $277 million for previous year, wer More… |
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Bank Audi wins nod for $300m Turkish unitLebanon's Bank Audi said it had won approval to open a subsidiary deposit bank in Turkey with share capital of $300 million. Audi, which already operates in several countries in the Mena, said its decision to expand into Turkey came as More… |
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Bank Audi takes over Cairo brokerageLebanon's Bank Audi said it had acquired 90 per cent of online brokerage Arabeya Online from the firm's chairman and majority owner Naeem Holding. The bank, however, did not disclose the value of the deal. 'Bank Audi's inve More… |
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Lebanon Bank Audi H1 soars 21pcLebanon's Bank Audi said its net profit climbed by 21.4 per cent to $161.4 million in the first half of the year, compared with the same period in 2009. The bank's 2009 H1 net profit was $132.9 million. Lebanon's banking sector is one of t More… |
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Bank Audi wins Banker ME awardBank Audi sal - Audi Saradar Group has won the 'Best Research House in the Middle East' award at the 2010 Banker Middle East Product Awards ceremony. “Bank Audi rises among the very few Mena-based banking institutions to provide co More… |
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MasterCard Cedar Miles card launched in JordanBank Audi and Middle East Airlines (MEA) have launched the MasterCard Cedar Miles card in the Jordanian market. “The MasterCard Cedar Miles card includes two constituents: the Platinum and the Classic cards. It is also the only credit card More… |
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MasterCard Cedar Miles card launched in JordanBank Audi and Middle East Airlines (MEA) have launched the MasterCard Cedar Miles card in the Jordanian market. “The MasterCard Cedar Miles card includes two constituents: the Platinum and the Classic cards. It is also the only credit card More… |
