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American Express Middle East and BLOM BANK announce new partnership in Lebanon

21 October 2016

BEIRUT, October 20 2016 – With a shared focus on delivering streamlined payment services and solutions, American Express Middle East (AEME) and BLOM BANK Lebanon have joined forces to expand the range of premium payment solutions available in Lebanon and to grow the American Express merchant network.

The new partnership will enable BLOM BANK customers to apply for The American Express® Gold Card and The Platinum Card®, and the exclusive American Express Centurion Card® will be available by invitation only. These products provide Cardmembers with the purchasing power to suit their lifestyles. In addition, they offer a wide range of premium benefits, such as regional and global airport lounge access, enrolment into the award-winning Membership Rewards® programme, comprehensive travel insurances, and access to thousands of local, regional and global offers.

To further expand the scope and reach of the American Express brand, BLOM BANK now accepts American Express Cards across its large network of point-of-sale payment terminals in Lebanon. American Express Cardmembers will also be able to settle their statements across the 72 branches of BLOM Bank in Lebanon.

American Express Middle East Chief Executive Officer, Mazin Khoury, commented, “We’re delighted to collaborate with BLOM BANK, a long-established sector leader that shares our vision of delivering world-class payment solutions. Through our new partnership, we’ll be facilitating easy cashless payments for our premium customer-base in Lebanon, and increasing our presence across the entire payments chain.”

“We recognise the importance of providing convenient payment solutions to both merchants and customers in an increasingly cashless world, and we look forward to working with BLOM BANK to help achieve this” added Khoury.

BLOM BANK Chairman and General Manager, Saad Azhari, said “this new partnership constitutes a major milestone for BLOM BANK in the development of its leading activities especially in terms of retail banking, and in cooperation with AEME which is one of the most renowned international companies specializing in credit cards and payment systems.”

Azhari added: “BLOM BANK continuously provides the best banking and financial products which are characterized by the highest quality, safety standards and digital development, and directed to the whole community. This performance is outstandingly exemplified in retail products, as BLOM BANK ranks first among Lebanese banks in retail banking products such as housing loans and car loans.”

ENDS

About AMEX (Middle East) B.S.C. (c)
AMEX (Middle East) B.S.C. (c) - American Express Middle East (AEME) provides reliable, flexible, tailored and rewarding solutions for its Cardmembers, merchants and business partners.

American Express began operations in the MENA region in 1959 and set up its first office in Bahrain in 1977. In 1992, AEME was established in Bahrain as a joint venture company owned by American Express and Mawarid Investment Limited. Today, American Express Middle East employs more than 500 staff in the region, covering its consumer card, corporate payments and merchant businesses across the Middle East and North Africa region.

American Express Middle East provides customers with access to products, insights and experiences that enrich lives and build business success. Operating across the Middle East and North Africa region, the company issues dollar currency Credit and Charge Cards: The Centurion® Card, The Platinum Card®, the American Express® Gold Card, the American Express® Platinum Credit Card, the American Express® Gold Credit Card and the American Express® Card. American Express Middle East also offers a range of local currency-denominated Credit Cards to give Cardmembers across the region even greater flexibility. Additionally, American Express Middle East offers a range of corporate expense management solutions including The American Express® Corporate Card and Business Travel Account, helping companies achieve savings, financial control and the opportunity to collect rewards.

About BLOM BANK
BLOM BANK S.A.L. is a leading regional bank with a Head Office based in Lebanon. BLOM BANK’s spread has extended to reach several countries. Currently, BLOM is present in Lebanon, Syria, Jordan, UAE, France, UK, Switzerland, Romania, Cyprus, Egypt, Qatar, Iraq, and Saudi Arabia. BLOM is the leading Lebanese bank in terms of Retail Banking offerings. For more information call 961 1 753 000 or visit www.blomretail.com.

For media enquiries, contact
Isabelle Naoum
Head of Communications- BLOM BANK
Phone: +961-1 -738938

Sabine Khalil Fares
Regional PR and Corporate Communications Manager
AMEX (Middle East) B.S.C.(c)
Phone: +973 17 557739

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