Mr. Saad Azhari Chairman and General Manager of BLOM BANK SAL

BLOM Bank’s full name in English is “Bank of Lebanon and Overseas”, so naturally we have a very active policy towards Lebanese immigrants and expatriates.

BLOM BANK: Peace of Mind

BLOM BANK is a leading Lebanese bank which has repeatedly and unanimously been selected as the Best Bank in Lebanon by the most recognized regional and international institutions. Its successful business operations are based on a universal banking model that includes: Commercial Banking, Corporate Banking, Private Banking, Investment Banking, Asset and Wealth Management, Retail Banking, Islamic Banking, Capital Market Services, and Insurance Products and Services.

As one of the oldest established banks in Lebanon, if not in the region, BLOM BANK has always been at the forefront of the country’s banking system. Its universal banking services revolve around trust and credibility, built with its clients through long-term personal relationships, integrity, and the strong financial fundamentals that it has consistently achieved. BLOM BANK is proud to have become its clients’ preferred banking partner and investment reference, meeting all their financial needs and ensuring their “Peace of Mind”. BLOM BANK is also proud to extend this “Peace of Mind” to the larger community, through its de-mining and planting of trees initiative the BLOM MASTERCARD “Giving Card”, its educational initiative “BLOM shabeb”, its safe schools program “ProtectED”, and its recycling program for a greener environment “Green Cycle”.

Panelist - Session 1: Banking | How secure the Lebanese money and the Lebanese Banks

Presentation Title: The Lebanese Banking System: A Tale of Two Institutions

The presentation will focus on the role of the two major institutions that make up the Lebanese banking system, the commercial banks and BDL, and how they have managed to erect two strong balance sheets. Aided by their strong balance sheets and guided by their prudent policies, cooperation between the two institutions helped ensure monetary and exchange rate stability. But the banking system has been shouldering a lot of responsibility that goes beyond monetary functions to encompass elements of industrial and investment policies, even fiscal policy. With the new President and Government are now firmly in command, the presentation hopes that the conduct of sound economic policies will be more evenly distributed among the appropriate Government ministries and institutions.

Biography

Mr. Saad Azhari has been the Chairman of BLOM Bank since 2008, after having been the Vice Chairman and General Manager of BLOM Bank between 2001 and 2007. Mr Azhari also assumes several functions on the board of directors of BLOM Bank Group’s entities. He is, in addition, the Vice President of the Association of Banks in Lebanon since 2001. He joined BLOM Bank (Switzerland) in 1991, and was appointed its General Manager in 1997 and its Chairman in 2001. He worked from 1986 to 1991 in PBZ Privatbank, an affiliate of UBS Group in Zurich, where he was promoted to run, from Zurich, the Bank’s operations in the Middle East and in its Hong Kong offices. Mr. Azhari has a Masters degree in Computer Engineering and an MBA, both from the University of Michigan-Ann Arbor in the USA.

 

Feature story

BLOM BANK’s status as the leading banking group in Lebanon reinforced by continuing to be the most awarded bank

 

The Interview

Azhari: Planet Lebanon 2017 gives BLOM BANK an intrinsic motive to engage in activities that deals with expatriates