Bank Audi is seriously looking to relocate its headquarters outside Lebanon according to a banking source. Abu Dhabi is at the top of its list. The bank is in advanced negotiations with regulatory authorities in the UAE. Dubai is its second choice. But Freddie Baz, the bank's chief strategist and Vice-chairman, said in response to a question by BusinessNews that the matter is still a conceptual exercise. "No decision has been made by Bank Audi," he said. "Bank Audi regularly considers strategic ...
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