# AM Bank

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Not to be confused with [AmBank](/source/AmBank), a Malaysian bank.

**AM Bank** (or **Al-Mawarid Bank**, [Arabic](/source/Arabic): بنك الموارد) is a [Lebanese](/source/Lebanon) medium-size bank that was established in 1980,[1][2][3] by Salim Khaireddine, Maroun Kissirwani, and Omar Jundi. The bank provides basic banking services, card processing, [investment banking](/source/Investment_banking) and [insurance brokerage](/source/Insurance_broker).

The bank was the first in the country to introduce credit cards in 1995 and to [mobile banking](/source/Mobile_banking) in 2010.

It is registered under [Banque du Liban](/source/Banque_du_Liban)[4] list at #101.

## Board of directors

- [Marwan Kheireddine](/source/Marwan_Kheireddine) (Chairman, General Manager)[5][2]
- Ibrahim Hanna Daher
- Majid Jumblat
- Omar Jundi
- Edmond Jreissati
- Ibrahim Houssamy
- Mahmoud Zeidan
- Wassim Khaireddine

## Products and services

The bank provides commercial banking products and services, including current and saving account options with credit, debit and prepaid cards available. It offers personal loans, car loans, educational loans and housing loans. It also offers insurance and investment plans. Other services include online and mobile banking, bills domiciliation, delivery service and loyalty card programs.

## Location and branches

The branch network covers major Lebanese provinces, with headquarters in [Beirut](/source/Beirut).

Full-service branches are found in: [Hamra](/source/Hamra_Street), [Aley](/source/Aley), [Baakline](/source/Baakleen), Mar Elias, Manassef, Shtaura, Sheheem, Maten, [Tripoli](/source/Tripoli,_Lebanon), Dora, Hasbaya, Dahieh, Cola, [Jounieh](/source/Jounieh), Saifi, Verdun and [Achrafieh](/source/Achrafieh).

## New identity

The bank launched its new corporate identity in October 2012.

## International correspondents

caption Country Correspondent USA Bank of New York Mellon France BLC Bank (France) SA France Audi Bank (France) SA England British Arab Commercial Bank Tokyo Bank of New York Germany CommerzBank AG Geneva BLOM Bank Switzerland Belgium Byblos Bank-Belgium SA Italy Intesa BCI S.p.A. Australia Commonwealth Bank of Australia thru Lebanese Swiss Bank –Beirut - Canada Bank of Montreal thru Lebanese Swiss Bank –Beirut - Dubai Mashreqbank P

## See also

- [Lebanese Canadian Bank](/source/Lebanese_Canadian_Bank)
- [Byblos Bank](/source/Byblos_Bank)
- [Jammal Trust Bank](/source/Jammal_Trust_Bank)
- [Economy of lebanon](/source/Economy_of_lebanon)
- [Beirut Stock Exchange](/source/Beirut_Stock_Exchange)

## References

1. [""بنك الموارد"... "أكيد فينا""](https://www.addiyar.com/article/1766553-%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B1%D8%AF-%D8%A3%D9%83%D9%8A%D8%AF-%D9%81%D9%8A%D9%86%D8%A7). *Addiyar*. 2019-07-29. Retrieved 2021-03-06.

1. ["Medium- to Large-Size AMOLED Displays"](http://dx.doi.org/10.1109/isscc.2008.4523113/mm1). [doi:10.1109/isscc.2008.4523113/mm1](https://doi.org/10.1109/isscc.2008.4523113/mm1). Retrieved 2021-03-06.

1. ["The Daily Star"](http://www.ambank.com/NewsDetails.aspx?pageid=487). *www.ambank.com*. Retrieved 2021-03-06.

1. [BDL BANK](http://www.bdl.gov.lb/bfs/CB/Banklist_en.pdf) [Archived](https://web.archive.org/web/20130517202218/http://www.bdl.gov.lb/bfs/CB/Banklist_en.pdf) May 17, 2013 at the Wayback Machine

1. ["Al-Mawarid Bank mark Christmas with luxury lunch"](https://www.dailystar.com.lb//Entertainment/Star-Scene/2010/Jan-09/118516-al-mawarid-bank-mark-christmas-with-luxury-lunch.ashx). *The Daily Star Newspaper - Lebanon*. 2010-01-09. Retrieved 2021-03-06.[dead link]

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Adapted from the Wikipedia article [AM Bank](https://en.wikipedia.org/wiki/AM_Bank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/AM_Bank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.