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Bank Audi (Arabic: بنك عودة, previously Bank Audi-Saradar) is a Lebanon-based universal bank and financial services company headquartered in Beirut, offering financial products and services in personal banking, business banking, private banking and Treasury and Capital Markets segments.
Raymond Wadih Audi was born in Sidon, Lebanon. [2] His father was a banker and his mother a painter, the family banking business go back to his great-grandfather who had founded a house exchange in Sidon in 1850. [3]
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In 2002, the Banque Libano-Française initiated a failed negotiated with the management of Saradar Bank to purchase its shares. [2] On March 29, 2004, Bank Audi and Bank Saradar signed an agreement to merge the two banks in a deal valued at that time $159 million, [1] thus the new group became known as Bank Audi Saradar. [3] [2]
VWoA is responsible for six marques: Audi, Bentley, Lamborghini, and Volkswagen, and in addition is the exclusive importer and distributor of Bugatti and Rimac cars in the U.S. [3] [4] It also controls VW Credit, Inc. (operating as Volkswagen Financial Services), [5] Volkswagen's financial services and credit operations. [6]
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.10% APY with no minimums at Openbank, Axos Bank and other trusted providers as of ...
As of September 2016 the bank had JOD1,964mn (USD2.77 billion) of consolidated assets and total capital of JOD329mn (USD463mn) [1] In 2021, Capital Bank Group acquired Bank Audi’s operations in both Jordan and Iraq, [4] and in February 2022, Capital Bank acquired Societe Generale Bank Jordan. [5]
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes. Ultimately, a digital bank ...