Bank Of Sydney
This company profile is not publicly available
Formerly known as Laiki Bank Australia, and then as Beirut Hellenic Bank following the acquisition of a majority shareholding by Lebanon's biggest bank, the Bank of Beirut in February 2011. Renamed Bank of Sydney in 2013.
|Bank Of Sydney Ltd||AUS||website|
| Bank of Beirut SAL
owns 93% of Bank Of Sydney Ltd
|Bank Of Sydney Ltd|
|Bank of Beirut SAL|
In 2015 British regulators fined the Bank of Beirut US$3.2 million and temporarily banned it from signing up new clients in high-risk locations after the lender misled regulators about efforts to prevent money laundering and other financial crimes. The regulator said the Bank of Beirut repeatedly gave misleading information about the progress of efforts to address concerns about the lenders financial crime identification systems and controls.
[Source 2015][More on Irresponsible Marketing]
|# Employees||170 in 2016|
|Address||Sydney, NSW, Australia|