MEAB Bank Named "Best Private Bank in Lebanon" by World Finance Magazine

LONDON, July 13, 2012 /PRNewswire/ -- MEAB Bank has been named "Best Private Bank in Lebanon" by World Finance Magazine.

MEAB Chairman Kassem M. Hejeij accepted the prestigious award this week at a ceremony at the London Stock Exchange. The award represents international recognition that MEAB Bank's growth strategy, capitalization and customer appeal have been unmatched in Lebanon.

The World Finance awards, which were established in 2007, celebrate achievement, innovation and brilliance in the world of finance. Recipients are chosen by independent experts who are informed by the magazine's 230 years of journalistic experience and the opinions of its well-informed readers.

"I am honored to receive this prestigious award on behalf of MEAB Bank's clients, partners and correspondents," Chairman Hejeij said. "The award recognizes MEAB Bank's leadership in the Lebanese market and validates our plans to expand internationally. MEAB's highly professional managers are proud to provide our customers with a stable, transparent and meticulously law-abiding financial institution. We are also grateful to World Finance for this honor."

The World Finance award comes just weeks after MEAB was designated the "Fastest Growing Bank in Lebanon" by CPI Financial during the 13th annual Banking Middle East Industry Awards ceremony in Dubai.

About MEAB Bank: Please visit our website.

SOURCE MEAB Bank