Bank Audi launches new digital bank Neo in Lebanon powered by Codebase Technologies
Bank Audi, the largest bank in Lebanon, has launched a new digital banking offering called Neo by Bank Audi, touted as the country’s first digital bank.
Neo by Bank Audi launches in Lebanon
The neobank’s products and services at launch include dual-currency bank accounts (in both US dollars and Lebanese pounds), physical and virtual debit cards, bill payment management tools, and QR code-enabled transfers.
While these services are available within Neo’s dedicated app, they are also supported through Bank Audi’s ATM network throughout Lebanon. Consumers can access ATM services using their physical cards, or alternatively, can generate vouchers from within the app to deposit and withdraw cash.
The digital bank’s website indicates that its offering is to be expanded with the launch of a rewards-linked credit card and digital insurance products, which have both been labelled as “coming soon”.
