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 Group Structure |
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Lebanon
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Bank Audi
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Bank Audi sal - Audi Saradar Group is a full fledged regional bank with presence in 11 different countries through 10 banks, 1 investment company, 1 brokerage company and 2 insurance companies. The Bank offers a full range of Commercial and Corporate banking, Retail and individual banking, on-line brokerage, Private banking and Investment banking products and services, in addition to Insurance activities.
Bank Audi ranks first among Lebanese banks and is positioned in the inner circle of top Arab banking groups in the Middle East and North Africa region. Besides its historic presence in Lebanon, Switzerland and France, the Bank is now present in Jordan, Syria, Egypt, Sudan, Saudi Arabia, Qatar, Abu Dhabi (through a representative office), Gibraltar, Monaco and Turkey (under incorporation).
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Audi Saradar Investment Bank
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Audi Saradar Investment Bank sal is the Group’s Investment Banking entity. The Bank is the result of the merger of 3 entities (“Audi Investment Bank sal”, “Lebanon Invest sal” and “Saradar Investment House sal”), and benefits from the status of a specialized bank conferred by virtue of Law 22/67.
In addition to a set of particular activities such as Long-Term Deposits and Financing, Audi Saradar Investment Bank sal is also active in the overall business of Investment Banking, mainly in Financial Engineering, Mergers and Acquisitions, Market Activities, Corporate Banking and OPA, as well as structured products, among others.
Audi Saradar Investment Bank sal has achieved many milestones, both at the level of issuing to its own benefit and when it comes to trading at primary and secondary markets to its customers. The Bank has also directly helped Bank Audi sal play an incontestable leading role in the development of Capital Markets in Lebanon.
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Audi Saradar Private Bank
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Through Audi Saradar Private Bank sal, the Group is seen as a pioneer in the Middle East for having an entity dedicated exclusively to Private Banking.
The Bank offers its customers tailor-made products that complement their portfolios and investment strategies. In addition to proposing attractive means of Wealth Preservation, Asset Management and Diversification through access to a number of leading world-class multi-manager funds, hedge funds, structured products, fiduciary services and local and international investments. Audi Saradar Private Bank sal also tends to its customers’ interests by exposing them to Real Estate investment opportunities in Lebanon and Europe.
In terms of Asset Management, the alliance of Audi Saradar Private Bank sal with “Russell Investment Group” (global leaders in multi-manager investing) gives its clients access to institutional quality investments benefiting from the expertise of some of the best fund managers in the world.
Through its subsidiary “Conseil et Gestion Immobilière sal” and its partnership with “Inovalis” in Europe (both companies offering Real Estate investment management services), the Bank continues to develop successful local and European Real Estate investment projects.
Regionally, Audi Saradar Private Bank sal has begun diversifying its Private Banking services through the creation of synergies with the Group’s other entities and the development of a strong presence in countries where the Group is present. In particular, the Bank builds on Banque Audi (Suisse) sa's 30 years of experience and support to expand its reach and offer its clients access to international markets, specifically in Europe.
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LIA insurance
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Since January 2000, “Libano Arabe” has been part of the Group and, in 2008, after more than 3 decades of service excellence, the Board of Directors changed the company’s name to LIA insurance sal, in line with the Group’s regional expansion strategy.
LIA insurance sal is one of Lebanon’s leading distributors of diversified insurance products and services, with a history dating back to 1975 and a vision to strengthen its position as an insurance company with a solid reputation.
Operating through a national network of offices, LIA insurance sal offers a comprehensive portfolio of services to individuals, companies and institutions, making it a force to be reckoned within the insurance world.
LIA insurance sal's Board of Directors and Management include well-known leaders in insurance, economic and financial circles.
In the summer of 2006, LIA insurance sal launched operations in Syria with the inauguration of Syrian Arab Insurance sal. In less than 6 months, the Syrian sister company exceeded its business plan and opened 2 branches in Damascus, as well as 3 others in Aleppo, Homs and Lattakia.
Today, thanks to the valuable experience that it gained from working with many of the top reinsurers in the world, LIA insurance sal proposes high-quality insurance innovations in the interest of existing and future customers through its commitment to the permanent development of new products and services. LIA insurance sal’s determination and faith in the future continues to drive the company forward, helping it realize its vision without losing sight of its principles of integrity and transparency, nor pausing in its pursuit of perfection and commitment to the smallest details.
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Solifac
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Europe
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Banque Audi (Suisse)
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Headquartered in Geneva for over a quarter of a century, Banque Audi (Suisse) sa is a Swiss bank dedicated to Wealth Management and regulated by the Swiss Federal Banking Commission.
Banque Audi (Suisse) sa also offers advisory services to clients, keeping them informed about all types of securities through permanent interaction with the dedicated Advisory Desk. This helps investors seize new opportunities as they arise and manage their wealth with the help of professionals in the field.
Through Discretionary Management, the Bank handles client portfolios with personalized attention to ensure that the financial requirements of its clients are met to their utmost satisfaction.
The traditionally conservative approach of Banque Audi (Suisse) sa to Asset Management is based on steady, prudent growth and capital preservation. In fact, the Bank’s role is twofold: providing its customers with both Asset Protection and Asset Enhancement.
The Bank’s Trading Desk deals in equities, bonds, mutual funds, derivatives, precious metals, foreign exchange and structured products. Banque Audi (Suisse) sa has access to all types of securities and currencies through an extensive network of worldwide brokers and dealers. In addition, the Bank offers fiduciary deposits with first class international banks through its network of correspondents, and also provides Lombard credit facilities for performance leveraging, as well as credit facilities for Forex operations.
Banque Audi (Suisse) sa is not attached to any provider of investment vehicles or range of products; this independence allows the Bank to select optimum investment opportunities for its client's requirements. Thanks to freedom from any obligation to sell particular financial instruments, the Bank’s analysis and research capacity allows it to choose the most sophisticated alternatives and those that out-perform others on the market.
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Bank Audi Saradar France
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Bank Audi Saradar France sa is the fruit of the merger between “Banque Audi France” and “Banque Saradar France” in 2005, which came to reinforce a 30-year presence for the Group in France.
As a French joint stock company, the Bank performs general banking operations related to Commercial Corporate Banking, Trade Finance and Structured Finance (Real Estate, Project Finance), and provides services to a private clientele.
Bank Audi Saradar France sa is one of the top 2 largest Near Eastern banks in France and caters to the needs of Middle Eastern customers in Europe and Africa, as well as European corporate clients involved in the Near and Middle East.
With a solid Private Funding base, an important Trade Finance franchise for Middle Eastern traders and a growing lending portfolio to Middle Eastern and European entrepreneurs, the Bank aims to expand its Corporate Banking line in close synergy with the Group’s network towards European corporations sub-contracting in the Middle East, as well as to develop Wealth Management and family office services in Paris for high net worth individuals from the Middle East and North Africa (MENA) region.
As at end-December 2009, Bank Audi Saradar France sa totalled US$ 899 million in assets and US$149 million in footings.
Net Operating Income reached US$ 23.2 million, and shareholders’ equity amounted to US$ 101 million.
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Middle East
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Bank Audi - Jordan Branch
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At the close of 2003, the Group obtained a banking license to open a network of branches in the Hashemite Kingdom of Jordan. The Bank’s presence in Jordan revolves mainly on the coverage of Retail Banking activities along with a strong emphasis on Corporate and Commercial Banking.
Bank Audi sal exported its acquired expertise in products and infrastructure to its branches in Jordan, strengthened by the fact that Retail Banking activities constituted the main drive of its development in Lebanon during the last 5 years.
Accordingly, the Bank’s branch network in Jordan is designed to build a supportive commercial franchise with special emphasis on Retail Banking. The Bank has branches spread throughout the capital city of Amman where the Head Office is located, as well as in Jabal Hussein, Sweifieh, Abdoun, Irbid and Aqaba. The Bank’s strategy is to cover the major areas in Greater Amman and to reach out to customers over a wider area.
| Bank Audi Jordan Address: |
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HEAD OFFICE & GENERAL MANAGEMENT
Le Royal Hotel Complex, Zahran Street, 3rd Circle, Jabal Amman, Amman.
P.O.Box 840006 Amman. 11184 Ammman, Jordan.
Tel: (962-6) 4604000. Fax: (962-6) 4680015
Swift: AUDBJOAM
E-mail: contactus.jordan@banqueaudi.com |
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| Branch Network: |
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Salah Center, Al Shareef Abdul Hameed Sharaf Street,
Shmeissani, Amman. Tel: (962-6) 5606020. Fax: (962-6) 5604545 |
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Le Royal Hotel Complex, Zahran Street, 3rd Circle,
Jabal Amman, Amman. Tel: (962-6) 4604004. Fax: (962-6) 4680010 |
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Ajnihat Ibn Khaldoun, Ibn Khaldoun Street, 3rd Circle,
Jabal Amman, Amman. Tel: (962-6) 4648834. Fax: (962-6) 4648835 |
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Mecca Mall Center (Ground Floor - Main Entrance), Mecca
Street, Amman. Tel: (962-6) 5518736. Fax: (962-6) 5518724 |
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Al Yanbouh Center, Abd El Rahim Al Hajj Mohamad Street,
Sweifieh, Amman. Tel: (962-6) 5865432. Fax: (962-6) 5853185 |
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Al Husseini Center, Khaled Ben Walid Street, Feras Circle,
Jabal Hussein, Amman. Tel: (962-6) 5605252. Fax: (962-6) 5604242 |
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Mousa Nakho Complex, Queen Zain Al-Sharaf Street, Abdoun, Amman
Tel: (962-6) 5935597. Fax: (962-6) 5935598 |
- Al-Madina Al-Mounawara
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Al-Ameer Complex, Al-Madina Al-Mounawara Street, Amman
Tel: (962-6) 5563850. Fax: (962-6) 5563851 |
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Saqra Complex, Wadi Saqra Street, Amman.
Tel: (962-6) 5672227. Fax: (962-6) 5652321 |
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The Investment Center of Al-Yarmouk University, Shafik Rousheidat Street, Irbid.
Tel: (962-2) 7261550. Fax: (962-2) 7261660 |
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Dream Mall, Sharif Hussein Bin Ali Street, Aqaba.
Tel: (962-3) 2063200. Fax: (962-3) 2063201 |
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Bank Audi Syria
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Bank Audi Syria launched its operations in September 2005 with a capital of USD 50 million, the largest start-up capital in the Syrian-banking sector, and with one branch in Damascus. It now has a solid network of 21 branches offering a diversified portfolio of commercial and retail products.
By end-September 2009, the Bank’s total assets reached USD 1.56 billion, with USD 1.38 billion of customer deposits, while its shareholders’ equity reached USD 128.81 million and its loan portfolio USD 517.44 million. These achievements encouraged Management and shareholders to double the Bank’s capital to USD 100 million.
In recognition of its accomplishments, Bank Audi Syria was granted the “Best Bank” award in 2008 and 2009 by Global Finance, as “Best Emerging Market Bank in the Middle East”.
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Bank Audi (Egypt)
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In March 2006, Bank Audi sal acquired the “Cairo Far East Bank sae”, an Egyptian bank with a network of 3 Commercial Banking branches and one Islamic Banking branch. The latter’s name was subsequently changed to Bank Audi sae, a fully-owned subsidiary of Bank Audi sal with a capital of US$ 100 million. Bank Audi sae’s action plan hinges mainly on the development of Commercial and Correspondent Banking activities, along with extensive Retail Banking activities based on Bank Audi’s acquired expertise in the field. Set to become the Group’s second largest entity outside Lebanon, Bank Audi sae aims at achieving a 3% market share in the coming years by engaging in several important partnerships. In parallel, the Bank is working on establishing a strong domestic franchise through an extensive branch network that now includes 30 branches offering high-quality products and services with attractive benefits. The Bank’s financial philosophy is to increase sales of its products and services, boost its operating margins and manage its capital intensity within very strict control procedures. This ensures a better immunity for Bank Audi sae and helps it provide the best banking services and products to individuals and institutions. View Bank Audi sae Financial Figures as at September 30 2011
| Bank Audi sae Address: |
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HEADQUARTERS
Pyramids Heights Office Park, Cairo-Alexandria Desert Road, Km 22, Sixth of October City.
P.O. Box 757. Postal Code 11511.
Tel: (20-2) 35343300. Fax: (20-2) 35362120.
E-mail: contactus.egypt@banqueaudi.com |
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| Branch Network: |
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Regional Managers
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Mr. Mohamed L. Ahmed Labib
Mr. Ahmad M. Abdel-Kader Saad
Mr. Ashraf M.Ryad |
| District Manager |
Mr. Tarek M. El-Gazzar |
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| GIZA |
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104 El Nile Street, Dokki.
Tel: (20-2) 33362516-17-18. Fax: (20-2) 37483818. |
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56 Mosaddak Street, Dokki.
Tel: (20-2) 37603520, 37603254, 37482003, 37603513, 3760241. Fax: (20-2)37603276. |
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60 Lebanon Street (Lebanon Tower), Lebanon Square, Mohandesseen.
Tel: (20-2) 33026423-36-80. Fax: (20-2) 33026454. |
- El Batal Ahmed Abdel Aziz
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44 El Batal Ahmed Abdel Aziz Street, Mohandesseen.
Tel: (20-2) 37480855-68. Fax: (20-2) 37480599. |
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94 Tahrir Street, Dokki.
Tel: (20-2) 37486238. Fax: (20-2) 37486310. |
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| CAIRO |
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1 Makram Ebeid Street, Nasr City.
Tel: (20-2) 22731771. Fax: (20-2) 22726755. |
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54 Demeshk Street, Heliopolis.
Tel: (20-2) 24508633-36. Fax: (20-2) 24508610. |
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128 Shoubra Street, Shoubra.
Tel: (20-2) 22075682, 22075774. Fax: (20-2) 22075779. |
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11 Khaled Ibn El Waleed Street, Masaken Sheraton.
Tel: (20-2) 22683381-97. Fax: (20-2) 22683433. |
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17 Abdel Hamid Badawy Street, Heliopolis.
Tel: (20-2) 26210942-3-4. Fax: (20-2) 26210945. |
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Plot 6034, Street 9, Mukattam.
Tel: (20-2) 25057040, 25056978, 25053634. Fax: (20-2) 25057566. |
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109 Abbassia Street, Abbassia.
Tel: (20-2) 24871908. Fax: (20-2) 24871947. |
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Shops 43, 44, 45, Golf City, El-Obour City.
Tel: (20-2) 46104325. Fax: (20-2) 46104324. |
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90 El Manial Street, El-Manial.
Tel: (20-2) 23629935-55. Fax: (20-2) 23630099. |
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8 Othman Ibn Affan Street, Plot 740, Heliopolis.
Tel: (20-2) 26342243, 26352220. Fax: (20-2) 26424900. |
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42 Abd El Khalek Tharwat Street, Downtown.
Tel: (20-2) 23904866, 23910752, 23910638. Fax: (20-2) 23904162. |
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1 Aisha El Taymoria Street, Garden City.
Tel: (20-2) 27928976-8. Fax: (20-2) 27928977. |
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15 Salah Salem Street, Heliopolis.
Tel: (20-2) 22607457-69, 22606346, 22607281. Fax: (20-2) 22607168. |
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| SIXTH OF OCTOBER |
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Plot 2/23, Central District, Sixth of October.
Tel: (20-2) 38353785. Fax: (20-2) 38353780. |
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Pyramids Heights Office Park, Cairo-Alexandria Desert Road, Km 22, Sixth of October.
Tel: (20-2) 35362052. Fax: (20-2) 35362053. |
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| HELWAN |
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1-B, 256 Street, Degla, Maadi.
Tel: (20-2) 25162038-94, 25193243. Fax: (20-2) 25162017. |
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| ALEXANDRIA |
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35 Victor Ammanuel Square, Smouha.
Tel: (20-3) 4245097, 4245261, 4245360. Fax: (20-3) 4244510. |
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33 Sultan Hussein Street, Azarita.
Tel: (20-3) 4855791-2. Fax: (20-3) 4877198. |
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489 Street 4, Montazah.
Tel: (20-3) 5505212-13-27. Fax: (20-3) 5505136. |
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1 Mostafa Fahmy Street, Gleem.
Tel: (20-3) 5825746, 5825546-74-87. Fax: (20-3) 5825866. |
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| DAQAHLIA |
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26 Saad Zaghloul Street, Toreil, Mansoura.
Tel: (20-50) 2309783-5. Fax: (20-50) 2309782. |
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| GHARBIA |
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El Gueish Street and El Nahda Street interaction, Tanta.
Tel: (20-40) 3403308-9. Fax: (20-40) 3403100. |
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| RED SEA |
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Service Area Fba-12e, El Balad District, El Gouna, Hurghada.
Tel: (20-65) 3580096. Fax: (20-65) 3580095. |
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23 Taksim El Hadaba El Shamaleya, 167 Sheraton Road, Hurghada.
Tel:(20-65) 3452017. Fax: (20-65) 3452015. |
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| SOUTH SINAI |
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207 Rabwet Naema Bay Street, Sharm El Sheikh.
Tel: (20-69) 3604515. Fax: (20-69) 3604520. |
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| ATM Network: |
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| Greater Cairo - CAIRO |
- Abbassia,109 Abbassia Street, Abbassia Branch
- 66 El Nozha Street, On the Run El Nozha
- Cairo-Ismailia Road, Gesr El Suez, ExxonMobil
- Downtown, 42 Abdel Khalek Tharwat Street, Abdel Khalek Tharwat Branch
- Downtown, El Galaa Street, Al Ahram Building
- Garden City, 1 Aisha El Taymoria Street, Garden City Branch
- Heliopolis, 72 El Khalifa El Maamoun Street, On the Run Roxy
- Heliopolis, 54 Demeshk Street, Beirut Branch
- Heliopolis, 17 Abdel Hamid Badawy Street, Nady El Shams Branch
- Heliopolis, 8 Othman Ibn Affan Street, Plot 740, Triumph Branch
- Heliopolis, Salah Salem Street, Erosport Company
- Heliopolis, 15 Salah Salem Street, Salah Salem Branch
- Heliopolis, 33 El Hegaz Street, Khair Zaman El Hegaz
- Maadi, Wadi Degla Club
- New Maadi, 24 Algeria Street, ExxonMobil Basateen
- Maadi, Degla, 1-B, 256 Street, Maadi Branch
- Manial, 59 El Manial Street, On the Run Manial
- Manial, 90 El Manial Street, Manial Branch
- Masaken Sheraton, 11 Khaled Ibn El Waleed Street, Masaken Sheraton Branch
- Mukattam, Street 9, Plot 6034, Mukattam Branch
- Nasr City, City Stars Center, Ground Floor, ATM Center
- Nasr City, El Nasr Road, ExxonMobil Al Zohour
- Nasr City, ExxonMobil
- Nasr City, 1 Makram Ebeid Street, Makram Ebeid Branch
- Nasr City, Plot 14, Block 6, Area 11, Khair Zaman Nasr City
- Saray Al Koba, 1 Al Sawah Square, General Company for Silos and Storage
- Shoubra, 128 Shoubra Street, Shoubra Branch
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| Greater Cairo - GIZA |
- Dokki, 56 Mossadak Street, Mossadak Branch
- Dokki, 94 Tahrir Street, Tahrir Branch
- Dokki, 104 El Nile Street, Dokki Branch
- El Haram, 176 El Haram Street, ExxonMobil Al Zaeem
- El Haram, 8 El Mansouria Road, Samcrete
- El Haram, 23 Abu El Houl Square, Kodak Al Haram
- Dokki, 50 El Giza Street, On the Run Dokki
- Mohandeseen, 63 Gameat Al Dowal Street, On the Run Gameat Al Dowal
- Mohandesseen, 44 El Batal Ahmed Abdel Aziz Street, El Batal Ahmed Abdel Aziz Branch
- Mohandesseen, Lebanon Square, 60 Lebanon Street, Lebanon Branch (ATM 1)
- Mohandesseen, Lebanon Square, 60 Lebanon Street, Lebanon Branch (ATM 2)
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| Greater Cairo - 6th of OCTOBER |
- Industrial Area, 3rd Zone, Plot 609, Union Air (ATM 1)
- Industrial Area, 3rd Zone, Plot 609, Union Air (ATM 2)
- Central District, Plot 2/23, 6th of October Branch
- Wahat Road, Dreamland Compound, Sheraton Dreamland Hotel & Conference Center
- El Sheikh Zayed City, Extend of Mehwar 26th of July, Hyper One Supermarket
- El Sheikh Zayed City, Seoudi Market Landmark
- Cairo-Alexandria Desert Road, Km 22, Pyramids Heights, Facing Bank Audi Headquarter
- Cairo-Alexandria Desert Road, Km 22, Pyramids Heights, Bank Audi Headquarter
- Cairo-Alexandria Desert Road, Km 22, Pyramids Heights, KPMG Hazem Hassan Building
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| Greater Cairo - NEW CAIRO |
- El Rehab City, Gate 13, On the Run El Rehab
- 5th Settlement, Behind New Court Complex, On the Run El Tagamoa
- 5th Settlement, Ring Road, El Nour Station, On the Run JW Marriott
- Obour City, Shops 43, 44, 45 Golf City, Obour Branch
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| Monoufeya - MOUNOUFEYA |
- Sadat City, Industrial Zone, Factory 1st, Egyptian Spinning Company
- Sadat City, Almatex
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| Sharkeya - SHARKEYA |
- 10th of Ramadan, Horreya Street, Area Number VIIF, Industrial Zone, B1, Oriental Weaver Factory (ATM 1)
- 10th of Ramadan, Horreya Street, Area Number VIIF, Industrial Zone, B1, Oriental Weaver Factory (ATM 2)
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| Alexandria - ALEXANDRIA |
- Alexandria Entrance, Carrefour City Center, Gate 3
- Gleem, 1 Mostafa Fahmy Street, Gleem Branch
- Loran, 25-27 Sir Hank Pacha Street, first Raml Station, Metro Alexandria
- Montazah, 4 Street 489, Miami Branch
- Smouha, 14th May Road, ExxonMobil Alexandria Center
- Smouha, 35 Victor Ammanouil Square, Smouha Branch
- 33 Sultan Hussein Street, Alexandria Branch
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| Sinai - SHARM El SHEIKH |
- Hadabet Om El Sid, Plot 28, Pyramids Mall, Hadabet Om El Sid Branch
- 207 Rabwet Neama Bay, Neama Bay Branch
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| Red Sea - HURGHADA |
- El Gouna, Al Bustan Mall
- Hurghada, Sheraton Road Branch
- El Gouna, El Balad District, Service Area number Fba-12e, El Gouna Branch
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| Dakahleya - MANSOURA |
- 26 Saad Zaghloul Street, Toreil, Mansoura Branch
- Suez Canal Street, El Nour Building, Khair Zaman El Mansoura
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| Gharbeya - TANTA |
- El Gueish Street and El Nahda Street Intersection, Tanta Branch
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| Mobile - ATM 1 |
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| Mobile - ATM 2 |
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National Bank of Sudan
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Bank Audi sal acquired the National Bank of Sudan (Al-Ahli) in September 2006, introducing the first full-fledged Islamic Banking entity to the Group.
With 76.56% ownership of the National Bank of Sudan shares by Bank Audi sal, the remaining 23.44% of shares belong to prominent Sudanese families and private businessmen.
Today, the Bank operates 6 branches in Sudan (3 in the capital city, Khartoum, and another 3 in the North Eastern Provinces) covering 3 main business lines: Corporate, Commercial and Retail Banking. To ensure all offerings are fully compliant with the Sharia, activities and operations are constantly monitored by the Group Sharia Supervisory Board and the National Bank of Sudan Sharia Board.
The Bank carries out activities in the local market by adopting an innovative approach reflected in its private atmosphere, modern setup and highly developed channels of distribution.
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Audi Capital
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Audi Capital is licensed by the Capital Market Authority under registration number (06017-37) dated (May 15, 2006) as a closed joint stock company offering a complete range of investment services. Audi Capital is 99.99% owned by Audi Saradar group while the remaining 0.01% is owned by the following Saudi shareholders:
● Mr. Abdallah Ibrahim Al-Hobayb
● Faisaliah Group Holding
Audi Capital launched its activities in Fall 2006, after securing the commencement letter from the Capital Market Authority (CMA) in the Kingdom of Saudi Arabia. The new entity, headquartered in Riyadh, offers Saudi Arabian corporate and individual clients premium Investment Banking, Wealth Management, Asset Management, Brokerage and Private Equity services, matching the best international practices with a regional perspective.
In line with the Group’s core corporate values, the company capitalizes on the regionalization trend, improving regulations, consolidation and diversification while focusing on shareholders’ value.
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Syrian Arab Insurance
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Syrian Arab Insurance sa is a specialized private insurance company licensed under decree No. 43/2005, with a paid up capital of SYP 1 million.
The company is committed to providing tailor-made insurance services to meet the needs of families and businesses through a comprehensive range of services including: Motor Insurance, Medical Insurance, Property Insurance, Marine and Transport Insurance, Engineering Insurance, Third Party Liability, Professional Indemnity Insurance, Personal Accident Insurance and Life Insurance.
Following its objectives of achieving success through maintaining a close relationship with its clients, Syrian Arab Insurance sa promotes a safety culture and provides efficient risk management solutions in its clients’ interest. In addition, the company is constantly developing new products, services and insurance covers while ensuring that claims are always promptly handled.
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Bank Audi (Qatar)
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Bank Audi LLC is a fully-owned subsidiary of Bank Audi sal that engages in Regulated Activities from its offices in the Qatar Financial Center (QFC).
Today, Bank Audi LLC has a capital of US$ 50 million and carries out the following activities as defined by the QFC: Deposit Taking, Dealing in Investments, Arranging Deals in Investments, Providing Credit Facilities, Arranging Credit Facilities, Providing Custody Services, Arranging the Provision of Custody Services and Advising on Investments.
Through its presence in Qatar, Bank Audi sal aims to benefit from the country’s rapid economic boom and that of the Gulf Cooperation Council (GCC) region at large, strongly positioning the Group within the context of very promising economic and financial prospects.
As a matter of fact, Bank Audi LLC complements the Group’s already established presence in the region through a representative office in Abu Dhabi and an investment company in Saudi Arabia: Audi Capital.
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Bank Audi (United Arab Emirates)
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The mission of the Bank Audi sal Representative Office in Abu Dhabi is to market the entire Group in the Gulf Cooperation Council (GCC) region as a regional banking institution.
The Abu Dhabi Representative Office serves as a platform to open attractive opportunities for clients, working in close coordination with the Group’s already present entities in the GCC region: Audi Capital in Saudi Arabia and Bank Audi LLC in Qatar.
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