Beirut, 23 February 2021: At this unbearable time of health, social and economic crises facing Lebanon, BEMO Bank has consistently stood by its clients trying to find them the rightsolutions.
In this context, BEMO Bank has decided to launch a deposit protection programme in collaboration with BEMO Europe – Private Bank, which provides protection for “Fresh Funds” deposits held by individuals or companies, up to a total of US$50,000.
The program will be offered primarily to clients holding accounts at BEMO Bank Cyprus and transferring their deposits to BEMO Bank in Lebanon.
This initiative is in line with the bank’s sense of responsibility. Its primary objective is to restore confidence in the banking sector and the Lebanese economy, which will contribute to the return to financial stability and thus to the relief of misery and despair.
In this context, Banque BEMO stands by its statement “2021 is the year of Faith, and we want to set an example to follow so that Lebanon rises again stronger and we overcome the crisis together”.
About BEMO Bank
BEMO Bank is a commercial bank whose services and activities cover the Lebanese and regional markets. In keeping with its principles, the Bank is focused on on his vision of being the benchmark in Private and Corporate Banking while remaining fully committed to his values: family spirit, professionalism, honesty and conservatism.