Banque BEMO signed the Investors for Governance and Integrity (IGI) Declaration

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On Tuesday, April 25, 2017, Dr. Riad B. Obegi Chairman of the Board of Directors at Banque BEMO signed the Investors for Governance and Integrity (IGI) Declaration during the signature ceremony organized by Capital Concept.

The ceremony took place at Maamari Auditorium – AUB, in the presence of his excellency Mr. Raed Khoury - Minister of Economy and Trade, Mr. Samir Saliba - Capital Markets Authority Vice Chairman, and Mr. Yasser Akkaoui - Capital Concept Chairman, in addition to senior executives from banks and financial institutions.

Mr. Thomas Krantz – Ethics Activist and Visionary conducted a lecture on “Why Regulated Markets? How Regulation Supports the World’s Capital Markets?” followed by a series of questions and answers.

Banque BEMO was specifically mentioned during the ceremony for its swift responsiveness to carry out all needed disclosure improvements that led to a drastic enhancement in its grading within a two-years period.

By signing the IGI declaration, Banque BEMO further confirms its commitment to promote sound corporate governance and to preserve shareholders’ rights, including minority shareholders. Since its inception, the Bank is demonstrating its commitment to the highest ethical standards, fostering transparency and disclosure in all material matters related to the Bank’s financial situation, performance, ownership and governance.

 

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