Bank Med

As one of Lebanon’s leading banks, Bankmed has broadened the scope of its operations to service clients in Europe and the Middle East. It has succeeded in establishing presence in selected markets with sustainable growth potential. Today, Bankmed enjoys a presence in Cyprus via a branch in Limassol, and it has extended its operations to Iraq through three branches in Baghdad, Basra, and Erbil. In 2015, Bankmed and its fully owned subsidiary, MedSecurities, established presence in the Dubai International Financial Centre (DIFC). Through this step, Bankmed became the first bank in the MENA region to operate in the DIFC under a Category 1 license, the most comprehensive license granted by the Dubai Financial Services Authority (DFSA). Bankmed is also present in Switzerland through its subsidiary BankMed Suisse, in Saudi Arabia through its investment banking arm (SaudiMed Investment Company), and in Turkey through a commercial bank Turkland Bank (T-Bank).

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