Beirut, July 12, 2019 – BBAC (Bank of Beirut and the Arab Countries) has once again established its excellence in the banking field and in the services it provides to its customers. The Bank was awarded the “Best Bank for Banking Services Quality” by the ‘World Union of Arab Bankers’ at the 2019 Arab Banks Awards and Commendations of Excellence at its 5th annual ceremony. The event was held at Beirut Waterfront Center and was attended by senior bankers and VIPs from international and regional institutions.
The award was granted to BBAC’s Chairman and General Manager Sheikh Ghassan Assaf, who expressed his gratitude to the ‘World Union of Arab Bankers’ for their appreciation of the bank’s efforts to elevate the quality of banking services to a higher level. “BBAC receiving this award is a sign of our customers’ trust in us as we always strive to enhance our products and services to meet the needs of our customers and to strengthen our relationships with them. What differentiates us at BBAC is our dedication to care that has always motivated us to grow and has inspired us every day to give the utmost to our customers as well as community”, Sheikh Assaf commented.
This is not the first time that BBAC receives an award from the ‘World Union of Arab Bankers’. In 2016, it won the “Best Customer Service Bank” award in addition to “Best Brand Identity and Slogan” award in 2018.
It is worth mentioning that the awards of excellence and achievement of banking are granted annually according to the criteria and requirements determined by the ‘World Union of Arab Bankers’, a banking group consisting of 600 members spread around the Arab world and some other foreign countries. ‘World Union of Arab Bankers’ also publishes a magazine specialized in Banking and Finance called “Executive Magazine” that hosts ceremonies awarding for the achievements of Arab banks.
Founded in 1956, BBAC (Bank of Beirut and the Arab Countries) is today one of the leading Lebanese commercial banks. Through its Head Office and network of 41 branches spread all around Lebanon, BBAC provides the ultimate banking experience and financial services, positioning it as a universal bank fully capable of meeting the needs and demands of all its customers, from individuals to companies of various sizes. These services include Retail Banking, Corporate Banking, Commercial Banking and Trade Finance, Private Banking, Treasury and Capital Markets as well as insurance and reinsurance services. BBAC has also opened a branch in Cyprus (Limassol), three branches in Iraq (Erbil, Baghdad and Sulaymaniyah) and two representative offices in the United Arab Emirates (Abu Dhabi) and Nigeria (Lagos), as well as a wide network of ATM machines to meet and satisfy all of its customers’ banking needs. As “Your Caring Bank”, BBAC constantly strives to be a reliable and accessible financial partner to its customers. Nevertheless, BBAC’s care goes beyond the ordinary framework of the banking industry to touch the needs of the whole community through its various social responsibility initiatives.
For more information, you can visit www.bbacbank.com.