Bank Audi SAL - Audi Saradar Group

Type: Company
Name: Bank Audi SAL - Audi Saradar Group (Banque Audi SAL)
Nationality: Lebanon
Web Address: http://www.banqueaudi.com/
Fact Sheet: Fact Sheet for Banque Audi SAL
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Turkish food companies line up loans

Ak Gida last signed a $75m three year loan in July 2010, according to Dealogic. Citi was the mandated lead arranger, with Akbank and Turkiye Vakiflar taking part.Ulker Biscuvi signed a $313.1m equivalent dual currency (dollar and euro) two year loan on ... [Published GlobalCapital - 9 hours ago]
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

Mobile Internet business to reach $11 Trillion in Economic Value by 2025

Saudi Arabia is the Launchpad of the first Google Glass banking app in the region…Mobile technology transforming business across sectorsThe world has added more than a billion mobile subscribers in the last 4 years alone, with the total number reaching ... [Published Eye of Dubai - Oct 13 2014]
First reported Oct 12 2014 - Updated Oct 12 2014 - 1 reports

Bank Audi's "Tap2Pay" Service Wins "Best Mobile Payments Program" Award At the Master Card Innovation Forum 2014 in Singapore

Home News Article OOct 12 2014 In This Article Beirut - Bank Audi has been granted the "Best Mobile Payments Program" award for its innovative "Tap2Pay" service, NFC Mobile Payment, during the " MasterCard Innovation Forum 2014" which took place in Singapore ... [Published Zawya.com - Oct 12 2014]
First reported Oct 10 2014 - Updated Oct 10 2014 - 1 reports

Himaya’s 2014 Gala Dinner

A message from Childhood to theHands that can Help or AbuseFor the fourth consecutive year Himaya, a Lebanese non-governmental organization (NGO) working on child protection and enhancing the wellbeing of childhood in Lebanon, organized its yearly gala ... [Published Rag Mag - Oct 10 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 2 reports

Over $45M of Audi shares traded on BSE

BEIRUT: Bank Audi's shares took the center stage again Tuesday in the usually dormant Beirut Stock Exchange as investors grabbed more than $45 million worth of the bank's stocks. The surge in trading came just few days after the country's largest bank ... [Published Industrial Info Financials - Oct 01 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

BANK AUDI’S CAPITAL INCREASE COMPLETED

Bank Audi (ISIN: LB 0000010415) has completed a US$ 300 million capital increase by way of (i) a US$ 240 million rights offering of common shares initially to existing shareholders (including GDR holders) of the Bank and (ii) a US$ 60 million subscription ... [Published Web-Release.info - Sep 30 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

Delta Insurance Contracts with Bank Audi over its New IPO Mutual Fund

Home News Article SSep 25 2014 The board of directors of Delta Insurance Company chairman El-Sayed El-Gohary revealed that his company contracted with bank Audi in order to receive underwriting of its new mutual fund that amounted to EGP100 million c ... [Published Zawya.com - Sep 26 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 1 reports

Lebanon : BANK Audi raises capital by $300M

Bank Audi declared that it has finished a $300 million capital increase by offering $240 million in common shares primarily to present shareholders (including GDR holders) of the bank and a $60 million subscription of common shares by International Finance ... [Published HispanicBusiness.com - Sep 25 2014]
First reported Sep 24 2014 - Updated Sep 25 2014 - 1 reports

Commercial realty weighed down by regional instability

Local political tensions and occasional security drifts have anchored a wait and see attitude among investors in Lebanon’s sorely tested real estate segment, according to Bank Audi’s annual real estate review. The real estate sales value in the country ... [Published FTSE Global Markets - Sep 24 2014]
First reported Sep 23 2014 - Updated Sep 24 2014 - 4 reports

BANK AUDI’S CAPITAL INCREASE COMPLETED

FOR IMMEDIATE RELEASE : Bank Audi (ISIN: LB 0000010415) has completed a US$ 300 million capital increase by way of (i) a US$ 240 million rights offering of common shares initially to existing shareholders (including GDR holders) of the Bank and (ii) a ... [Published Executive Business Magazine - Sep 24 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

Result of EGM

Bank AudiSeptember 23, 2014Resolutions adopted by the Extraordinary General Meeting of Shareholders of September 23, 2014:First resolution: confirmation of the adequate completion of the procedures for the increase of the Bank's capital through the issuance ... [Published MoneyAM - Sep 23 2014]
First reported Sep 22 2014 - Updated Sep 22 2014 - 1 reports

Company Events - Tomorrow's Events

23/09/2014 Regenersis PLC (RGS)23/09/2014 Close Brothers Group PLC (CBG)23/09/2014 WYG Plc (WYG)23/09/2014 Sirius Minerals PLC (SXX)23/09/2014 Marwyn Management Partners PLC (MMP)23/09/2014 Bank Audi Sal(audi-saradar Gp) (43KV)Story provided by Stock ... [Published MoneyAM - Sep 22 2014]

Quotes

Bdeir continued: "Today and only 6 months after the launch of the "Tap2Pay" service, one of our most important achievements was the ability to create awareness around this new payment solution, its convenience and practicality. Through the "Tap2Pay" service campaign, especially TV commercials, we succeeded in creating a shift in the mind-set of people in Lebanon who now accept this kind of payment without hesitation. There is no doubt that the launch of the "Tap2Pay" service also encouraged MENA banks to follow the trend and invest in research and development to learn more about this new technology and draw efficient action plans to implement it in the near future."
Samir Hanna , Group CEO of Bank Audi, commented: "We are very satisfied with the success of this transaction, which was conducted in difficult regional conditions and showed the confidence of existing and new shareholders, including IFC, in the bank's performance and direction. The partnership with IFC will further assist the bank in expanding our access to underserved segments, such as small and medium enterprises and support our planned expansion to new jurisdictions, in particular where IFC has significant in-country knowledge and experience."
"Despite competitive markets, management has been happy enough regarding margin trends (with modest progress expected this FY), although August weather was clearly a disappointment" said Numis Securities
...2 million for the year to 30 June, driving pre-tax profit up by 13 per cent to £25.1 million. "Whilst we think the shares are unlikely to recover to their early 2014 levels (675p), we think upside potential remains material and the downside risk is overdone" said the broker

More Content

All (38) | News (34) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
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Turkish food companies line up loans [Published GlobalCapital - 9 hours ago]
BEIRUT BIKEATHON 2014 A GREAT SUCCESS ON SUNDAY... [Published Executive Business Magazine - Oct 13 2014]
Mobile Internet business to reach $11 Trillion ... [Published Eye of Dubai - Oct 13 2014]
Bank Audi's "Tap2Pay" Service Wins "Best Mobile... [Published Zawya.com - Oct 12 2014]
Himaya’s 2014 Gala Dinner [Published Rag Mag - Oct 10 2014]
The PinPay family is growing... Are you a PinPa... [Published WSET - Oct 03 2014]
Over $45M of Audi shares traded on BSE [Published Industrial Info Financials - Oct 01 2014]
Audi : Over $45M of Audi shares traded on BSE [Published 4 Traders - Oct 01 2014]
BANK AUDI’S CAPITAL INCREASE COMPLETED [Published Web-Release.info - Sep 30 2014]
Manufacturing survival [Published Executive Magazine - Sep 29 2014]
Delta Insurance Contracts with Bank Audi over i... [Published Zawya.com - Sep 26 2014]
Lebanon : BANK Audi raises capital by $300M [Published HispanicBusiness.com - Sep 25 2014]
Commercial realty weighed down by regional inst... [Published FTSE Global Markets - Sep 24 2014]
PayFort assists unbanked Egyptians to shop onli... [Published Daily Star Egypt - Sep 24 2014]
BANK AUDI’S CAPITAL INCREASE COMPLETED [Published Executive Business Magazine - Sep 24 2014]
Bank Audi increases capital by $300M [Published Wall Street Business Network - Sep 24 2014]
Audi : Bank Audi increases capital by $300M [Published 4 Traders - Sep 24 2014]
Result of EGM [Published MoneyAM - Sep 23 2014]
Bank Audi's capital increase completed [Published Zawya.com - Sep 23 2014]
Tuesday preview: AG Barr reports first half, ma... [Published BullBearings - Sep 22 2014]
The week ahead (22/09-26/09) [Published Money Observer - Sep 22 2014]
PAYFORT launches pay@store service in Egypt [Published CPI Financial - Sep 22 2014]
Company Events - Tomorrow's Events [Published MoneyAM - Sep 22 2014]
: Instability pushing property prices down: Aud... [Published 4 Traders - Sep 18 2014]
The sideways stumble [Published Executive Magazine - Sep 16 2014]
Expansion abroad drives banking sector growth i... [Published Zawya.com - Sep 12 2014]
Bank Audi Equity [Published Industrial Info Financials - Sep 12 2014]
Expansion abroad drives banking sector growth [Published Crawford Financial Planning - Sep 12 2014]
Expansion abroad drives banking sector growth [... [Published BusinessWeek - Sep 12 2014]
Banque Audi: Lebanon Banking Sector Report (11... [Published Zawya.com - Sep 11 2014]
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