We are delighted to have been chosen by SGBL
as their end to end banking solution and look forward supporting them in their expansion and strategic developmental plans, said Jean-Paul Mergeai, Managing Director, Temenos Middle-East, Our global reach and regional experience enable us to understand and support banking customers, to transform their business and become true partners in their successful development.
The Group will benefit from an open standard platform with parameterised and componentised applications, to help SGBL
enhance the efficiency and innovation of the services it delivers to its customers through multiple channels.
is said to view the move as a gateway to entering the European market.
During his welcome speech, Tarek Chehab, Deputy General Manager at SGBL
, in charge of the commercial division, said, "Throughout this partnership, SGBL
confirms once more its commitment to the drivers of the Lebanese economy that are enterprises.
Its award was received on behalf of its chairman Mohammed el Hout, by member of the board Maitre Michel Tueini from the Minister of transport and public works, Ghazi Aridi - SGBL
, for the category of Social Inclusion.
This partnership will enable Lebanese SMEs of less than 500 employees, wishing to finance new projects or expand existing projects, to contract loans for a minimum of five years and a maximum of ten years, with EIB preferential conditions throughout the SGBL
On 7 September, 2011, SGBL
has received the final approval of the Central Bank of Lebanon for purchasing certain assets and liabilities of the Lebanese Canadian Bank (LCB).
, one of the leading Lebanese banks, saw its profits in the first six months of 2015 slightly jump to $81.
Prior to his most recent arrest he lived near the Beirut port area and worked in Ashrafieh as the body guard of powerful SGBL
General Manager Antoun Sehnaoui.
This accusation prompted the bank's management to sell all its assets to SGBL
Held under the patronage of the Tourism Ministry in partnership with Waterfront city, SGBL
Bank and Libano-Suisse insurance, the MEN'S WORLD exhibition will run daily from 4-10 p.
Bank Audi remained the largest Lebanese bank in terms of assets, deposits, profits and loans, followed by BLOM, Byblos Bank, Fransabank, BankMed, Bank of Beirut, SGBL
, Banque Libano-Francaise, Credit Libanais, BBAC, IBL Bank, First National Bank, Lebanon and Gulf Bank and Creditbank, according to Bankdata Financial Services.