ACB’s codes of corporate governance are designed to enhance the performance of the bank and increase the trust and confidence of its stakeholders. ACB strives to maintain a corporate culture that motivates its employees to maximize its operational efficiency.
The governance framework is based on the principle that strong and transparent governance creates the confidence and credibility necessary for the safe and sound management of the bank. Part of this transparency includes providing the mechanisms to monitor the behavior of directors and managers through corporate accountability that in turn safeguards the investor’s interest. ACB’s Corporate Governance framework is based on the guidelines created by Banque du Liban and the Basel Committee on Banking Supervision.