Lebanon

BEST BANK
Bank Audi

BEST EQUITY HOUSE
Bank Blom

Best bank in Lebanon was a very close contest. Bank Blom has continued to perform well but the award in 2005 is narrowly won by Bank Audi, an exceptionally dynamic bank that is creating excellent new products and services and has expanded by acquisition.

Last June the bank completed its acquisition of Banque Saradar, one of the top 10 banks in Lebanon. This transaction, the largest of its kind in the country, led to further consolidation of the group’s domestic position and reinforced its regional expansion strategy.