Private banking 2012: Lebanon’s private banks prove their resilience

Based on the results of this year’s Euromoney survey, Lebanon is one of the few markets in the Middle East where local private banks still compete effectively with their international rivals. While international banks such as HSBC and Credit Suisse lead the way in Bahrain, the UAE, Egypt and elsewhere, in Beirut the situation is far more mixed.

Audi Saradar Private Bank, part of the Audi Saradar Group, is ranked as the top provider of private banking services, moving up from second place last year.