Corporate Governance Guide

Corporate Governance Guide

Corporate Governance sets out the basis, systems and processes by which the Bank is managed while maintaining and securing the rights and needs of stakeholders including shareholders, depositors, clients, and other related parties as well as defining the rights and responsibilities for each.

The Bank is keen on complying with, and upholding the corporate governance principles to accomplish this objective and to reinforce the trust of shareholders, depositors, clients, and other related parties as well as upholding the positive and responsible role it plays in the community and economic environment. The Bank also complies with “Banque Du Liban” and “Banking Control Commission” circulars and directives, in light of which it lays down its internal policies, decision making mechanisms, organisation structure adequately tailored to his needs as well as the internal control framework including risk management, compliance and internal audit.

In this context and in compliance with “Banque Du Liban” directives the Bank has developed a “Corporate Governance Guide” derived from common references such as Basel principles and “Association of Lebanese Banks”. This guide is enforced internally on all levels and is periodically reviewed by the Board of Directors and is updated as needed.

Please download the corporate Governance guide