LGB BANK participated in the Lebanese Architect Awards festival dedicated to expose leading projects executed after the year 2000, selected through a competition in which Lebanese architects candidates display over three consecutive days their projects designed by Lebanese Studios, based inside or outside Lebanon. A jury will select the best projects in each category, within an interaction platform hosting a variety of sectors operating in the field of architecture and construction.
LGB BANK has introduced its latest products, from February 16 to 18, 2017 at the Biel Exhibition center in Beirut, attracting visitors who were impressed with the diversity of the Bank’s products and their high level of security.
Commenting on the occasion, Mr. Samer Itani, the Vice Chairman and CEO of LGB BANK said: “Known to be a Bank that supports the Lebanese creativity, we were delighted to participate in this event, which honors the best Lebanese architectural projects, and to encourage leading real estate development companies.”
LGB BANK reached a rate of 14.9% in asset growth, with a value of 6,193 Billion Lebanese Pounds while maintaining a high liquidity ratio, and 14.6% in terms of deposits growth with a value of 5,367 Billion Lebanese Pounds. As for the equity growth, it reached 528 Billion Lebanese Pounds which accounts for 9.4% growth rate, thus contributing in strengthening the Bank’s solvency and increasing its capacity to face risks. The Bank also amounted a rate of 15.6% in terms of net profit growth rate with a value of 53 Billion Lebanese Pounds.
In recognition of the efforts exerted by LGB BANK to establish a distinct position among the biggest Lebanese banks, the World Union of Arab Bankers granted the Bank the Banking Executive Award 2016 for Excellence in E-banking and Mobile Banking. The Bank also received the MEFTECH award for the Retail Bank of the Year 2016; the Industry Awards 2016 of Best Financial Transformation and the Product Awards 2016 of Best Credit Card and Best Co-branded Credit Card by Banker Middle East – CPI Financial.
This proves that LGB BANK seeks to acquire various awards that showcase its success through its innovative and advanced banking products and services offered in its 18 various branches across Lebanon, in addition to a branch in Cyprus and a representative office in Dubai. The products and services are represented by the Bank’s online banking and mobile app while enabling highest rates in innovation and safety, in addition to a full range of social media channels. Through the various banking products, our clients can benefit from unprecedented banking services such as Banking By Night and LGB Loyalty Program with the competitive LGB Miles Program that enables the Bank’s clients to travel to more than 55 countries, in addition to authentic products such as foreign currency cards in UAE Dirham, Turkish Lira, Saudi Riyal and Sterling Pound, and elite cards: the Black Card, the VISA Infinite Card and the VISA Signature Card.