Oct 2014
Beirut, October 28, 2014: As part of its geographical expansion strategy, LGB BANK opened a new branch in the most vibrant business district north of Beirut, Kaslik, to provide its clients with tailored products and personalized services that meet their needs wherever they are.
The development activities are in line with the milestones achieved by the bank on different levels, after it has achieved substantial progress in its overall performance, reaching a 13% growth in assets, 10% in customers’ deposits and 21% in net income.
Mr. Samer Itani, Vice Chairman and Executive Director of LGB BANK stated, “In Kaslik, we identified a vibrant business community that we want to serve. We are optimistic regarding the prospects of the market in this district, and are ready to extend our expertise to cater to the needs of retail and corporate customers.”
After inaugurating the new branch in Kaslik, the bank is now extending its full-fledged services in 17 branches covering the Lebanese territory in addition to its branch in Cyprus and its representative office in Dubai. LGB BANK offers differentiated products and high quality banking services such as online banking through the LGB BANK website (www.lgbbank.com), mobile banking, banking by night, Dirham card and the exclusive Yacht Concierge Card, which are gaining success amongst select clients who are looking for high end and secure banking.