Bahrain I Egypt I Iran I Israel I Jordan I Kuwait I Lebanon I Morocco I Oman I Qatar I Saudi Arabia I United Arab Emirates I Lifetime Achievement
![Raymond Audi](https://assets.euromoneydigital.com/dims4/default/4367b4e/2147483647/strip/true/crop/150x226+0+0/resize/800x1205!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fdc%2F66%2F4ad488ac70a51d4697e617f57480%2Fawards-audi.gif)
Bank Audi has become one of the region’s most successful and enduring institutions with, at the end of 2005, total assets of $11.5 billion, shareholders’ equity of $949 million and net profits of $106 million. The bank has just announced a $600 million capital increase, boosting its capital to $1.5 billion as part of an ambitious five-year regional expansion plan.
But these bald statistics mask the nature of Raymond Audi’s achievements. Between 1975 and 1990 Lebanon was convulsed by a civil war that left 70,000 dead and the country’s infrastructure in ruins. Beirut, the capital, became a synonym for destruction and chaos.