BCN has been built around sound practices, conservative lending policies and safe investment strategies that helped in implementation of an effective risk governance structure at Board and Management levels.

As a measure to evaluate the effectiveness of corporate governance standards adopted by the bank, an independent assessment has been conducted based on scorecard approach covering various aspects of the following standards:

The Corporate Governance framework is comprehensive and has been communicated from the Board of Directors down to the individual business lines.

BCN’s business strategy is to achieve the objective of being a strong financial partner with insight and transparency in risk taking. The risk governance framework supports this objective.

BCN aims to reinforce strong risk management culture through a comprehensive set of processes that are designed to effectively identify, measure, monitor and control risk exposures. The Board of Directors and Senior Management are involved through the existence of Committees in the establishment of material risk processes and the periodic oversight and guidance of the Risk Management function.

BCN BANK's Board of Directors

Mr. Mohamad Bachar El Zein - Chairman and General Manager - Executive

Mr. Lutfi El Zein – Non Executive

Mr. Saleh El Sagri– Non Executive

Mr. Sami Haddad – Non Executive

Me. Fadi Nader – Non Executive

Dr. Ibrahim Akoum – Independent

Ms. Leila Hammoud – Independent

Mr. Mohamad El Khatib – Non Executive

Shareholdings of Members

BOD Member


Mr. Lutfi El Zein


Mr. Mohamad Bachar El Zein


Mr. Saleh El Sagri


MEDGULF Financial Holding SAL


Me. Fadi Nader


Dr. Ibrahim Akoum


Ms. Leila Hammoud


Mr. Mohamad El Khatib


Mr. Sami Haddad


Role of the Board

The board of directors has overall responsibility for the bank, including:

Board Committees

The standing committees of the Board are:

Audit Committee: is responsible to assist the Board of Directors in fulfilling its oversight role regarding establishment and maintenance of effective corporate governance policies and procedures. It enables Non-Executive Directors to contribute an independent judgment and play a positive role in controlling business operation. The Audit Committee is responsible for overseeing the financial reporting process and the effectiveness of the system of Internal Control and Risk Management. The Board Audit Committee consists of the following members:

Risk Management Committee is primarily responsible for managing the risk of loss emerging from inadequate or failed processes, human factors or external events. The Risk Committee comprises of seven members drawn from the senior management of the Bank including two members from the Board:

The Remuneration Committee: The purpose of the Committee is to assist the Board in fulfilling its oversight responsibilities in the field of Human Resources and compensation. The Committee’s primary focus is with respect to the development, succession planning and compensation of senior executives/Staff and the identification, oversight and management of risk related to the compensation policies and practices of the Bank. The Committee also assists the Board in establishing the compensation philosophy and the compensation and benefit plans for the workforce of the Bank. The Committee assists the Board with its executive compensation disclosure, as well as such other matters delegated to the Committee by the Board.

Executive Level Committees:

The Board of Directors is responsible for the overall governance of the bank. This includes, but is not limited to, determining the strategy, providing direction to the Senior Management, ensuring that the control function is robust and that it conforms to international best practices.

The Board has created sub-committees to assist in carrying out its responsibilities mainly the Executive Credit Committee, Senior Credit Committee and Retail Credit Committee. These three Committees are responsible for monitoring the overall credit function. The three committees are also responsible to provide a forum for discussion and resolution of credit issues encountered. These 3 Committees comprise of the CEO and the senior management functionaries.

Asset Liability Management Committee (ALCO) main functions are to ensure, manage and control liquidity, interest rate and foreign exchange risks and capital adequacy issues arising from the Bank’s lending, funding and investment activities. The ALCO comprises of the Bank’s senior management, including the Chairman.

The Committee members are:

Compliance and AML Committee: The primary duties of the committee are to oversee and ensure the effective application of the compliance systems within the bank.

IT Security: This committee serves as a Department-wide forum for sharing information, addressing issues and making recommendations related to Information Technology (IT) security responsibilities and activities that affect the Department as a whole.

Purchasing Committee: The purpose of the Purchasing Committee is to maintain and monitor the Bank’s contracts, to oversee the Bank’s procurement processes, evaluate rate requests and to conduct an annual review of corporate contracts and documents.

Human Resources Committee: The purpose of the Committee is to perform, or assist the Management in performing, the duties of the Management relating to compensation of the Bank’s executive officers, key executives and Staff; and annual performance evaluations of the Bank’s executive officers.


Your use of this website implies that you have accepted and agreed to the following terms and conditions.


Banque de Credit National SAL (“BCN”) reserves the right, at its sole discretion, to change without prior notice any information or material available on or through this website and to amend and/or revise the terms and conditions under which this website is used.

You may obtain, complete and update information regarding BCN products and services by contacting our offices and branches.

The information and material on this website should not be regarded as an offer, solicitation, invitation, advice or recommendation from BNC to buy or sell any financial instrument or banking product issued by BCN or by any other party.

This website is for informational and general illustrative purposes only and should not be used as a basis for making business decisions.  BCN makes no representation or warranty of any kind, express or implied regarding this website or the materials or information contained or referred to on each page associated with this website. The website is not guaranteed to be accurate, complete and up to date. Any advice or information received via this website should not be relied upon without obtaining professional advice.

The website is provided on an "as is" and "as available" basis, and without any representations, warranties or conditions of any kind (whether expressed or implied) and including without limitation representations, warranties or conditions of title, non-infringement, merchantability, fitness for a particular purpose, performance, durability, availability, validity, accuracy or completeness, all of which are hereby disclaimed by BCN.


Unless restricted by applicable law, you agree that any and all personal information/data relating to you collected by BCN from this website from time to time may be used and disclosed for such purposes and to such persons as may be in accordance with current Data Protection and Privacy Policy.


You hereby agree to indemnify and to keep BCN fully and effectively indemnified against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred by BCN arising from or which is directly or indirectly related to:


BCN website and all its contents  including, but not limited to the text, graphics, links, video and audio forms, if any,  are the property and copyright  of  BCN, its licensed providers and any other relevant third parties,  and may not be copied, downloaded, distributed or published in any way without the prior written consent of BCN.



This Website Privacy Statement is limited to information and data collected on this Website during your access of Banque de Credit National SAL’s (“BCN”) website (“Your Information”) and to our online advertisements and electronic communications. Our Website Privacy Statement shall cease to apply when you leave our Website.

By using this Website, responding to our online advertisements and/or providing Your Information, you consent to our use of Cookies and our use of Your Information as described in this Website Privacy Statement; and to the terms and conditions of this Website Privacy Statement as stated herein.

The Website is designed to use Cookies to collect information about how people use the Website (see Use of Cookies). Otherwise, you can use the Website without providing Your Information.

Use of Cookies
Cookies are small data files which are placed on your Device when you visit certain parts of our Website or when you click on our online advertisements. Cookies are used to identify your Device for the following purposes:

to determine whether the cookies setting on your web browser has been enabled or disabled so that we will know whether data can be collected from your web browser;

The above cookies may be placed on your Device by us or by third parties on our behalf

Most web browsers are initially set up to accept cookies. You can choose to 'not accept' cookies by changing the settings on your web browser but if you block all cookies, including strictly necessary cookies, you may find that certain features on our Website will not work properly.

Electronic Communications
If you contact us via email, we may keep a record of that correspondence.

We will always treat Your Information as confidential. We will use sound practices to keep it secure and will otherwise abide by all applicable data protection and privacy laws. If you send us an electronic communication, we will use Your Information for the purposes of responding to your electronic communication and for other related purposes (the "Purposes") that may include:

following up on any product or service application which you have shown interest in;

When using Your Information for the Purposes we may need to disclose it to our agents, advisors and third party service providers ("Other Parties"). When this happens we will require the Other Parties to handle Your Information using the same level of care that we apply. We will also require them to only use Your Information according to our instructions and directions.

We will retain Your Information for as long as the Purpose for which we have collected it continues to apply. Your Information is then destroyed unless further retention is required to satisfy a legal, regulatory or accounting requirement or to protect our interests.

Information passing over the Internet may be transmitted internationally (even when sender and recipient are located in the same country) via countries with privacy and data protection laws that are different than the laws that are applicable in your country of residence. As a result, we do not accept responsibility or liability for the confidentiality, security or integrity of Your Information as a result of its transmission over the Internet.

 In order to maintain the security of our systems, protect our staff, record transactions, and, in certain circumstances, to prevent and detect crime or any other unlawful or unauthorized activities, we reserve the right to monitor all Internet communications including web and email traffic into and out of our domains.