The Board of Directors and the management of Lebanon & Gulf Bank s.a.l. are committed to complying with the best practices in the field of corporate governance. The Bank has designed and approved all corporate governance policies and practices including the Code of Corporate Governance and Board Charter to ensure the latter are focused on the Bank’s responsibilities towards its stakeholders and on creating long term shareholders’ value.
These policies lay a solid foundation for management and oversight while promoting ethical and responsible decision making. They also safeguard integrity in financial reporting, make timely and balanced disclosures as well as recognize and manage risk.
Sound corporate governance is a fundamental part of the culture and the business practices of the Bank. The latter continuously monitors all proposed new rules and modifies its policies and practices to meet any upcoming requirements.