Bank Audi France (BAF) has always been a safe haven for the Lebanese during tough times. Established in 1979, following the onset of the civil war, BAF had one major purpose in mind: helping Lebanese clients, mainly non-French residents, perform general banking operations. The 2019 Lebanese financial crisis was not different for BAF who continued serving Lebanese individuals and companies alike, providing them with the needed financial products.
BAF’s business activities increased over the last couple of years and the bank saw its deposits portfolio growing with a promising 2021 outlook similar to the years 2017 and 2018. None of this would have been possible without the adoption of a solid consolidation strategy in 2017 that aimed at reinforcing liquidity, strengthening autonomy, applying strict risk management metrics and conducting business with a high level of vigilance on the quality of assets and stability of resources. Bank Audi France is now a European platform for companies operating in the region and is active on the international trade scene.
Today, BAF is operating in accordance with the strict French government’s sanitary rules. As such, most employees are working from home, and clients are highly encouraged to perform transactions online unless they need to conduct urgent business. Relationship managers have also cancelled all business travels and all meetings are now being organized via video-conferencing platforms.
BAF’s business activities increased over the last couple of years and the bank saw its deposits portfolio growing with a promising 2021 outlook similar to the years 2017 and 2018. None of this would have been possible without the adoption of a solid consolidation strategy in 2017 that aimed at reinforcing liquidity, strengthening autonomy, applying strict risk management metrics and conducting business with a high level of vigilance on the quality of assets and stability of resources. Bank Audi France is now a European platform for companies operating in the region and is active on the international trade scene.
Today, BAF is operating in accordance with the strict French government’s sanitary rules. As such, most employees are working from home, and clients are highly encouraged to perform transactions online unless they need to conduct urgent business. Relationship managers have also cancelled all business travels and all meetings are now being organized via video-conferencing platforms.