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About: Bankmed     Goto   Sponge   NotDistinct   Permalink

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Bankmed SAL (Arabic: بنك البحر المتوسط or بنك ميد; formerly Banque de la Méditerranée S.A.L) is a Lebanese bank, established in 1944, owned by the holding company GroupMed. It is one of Lebanon’s top five banks by both assets and deposits, and has 44 branches in Lebanon, one in Cyprus, and one in Geneva (called Bankmed Suisse). Bankmed is owned by the family of Rafic Hariri, the former prime minister and billionaire businessman who was assassinated in 2005. The bank is also the largest shareholder in Solidere, the real estate company that rebuilt Beirut's Central District after the Lebanese Civil War.