# Saradar Bank Saradar Bank is a Bank / Wealth / Trust based in Beirut, Lebanon. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Beirut, Lebanon - **Region:** Middle East - **Address:** Beirut, Lebanon - **Founded:** 2016 - **Assets under management:** Undisclosed - **Website:** saradarbank.com - **LinkedIn:** https://www.linkedin.com/company/saradar-bank ## Regulatory record - **Reports private funds:** No ## About Saradar Bank launched in 2016 when Chairman Mario Saradar engineered the acquisition of a majority stake in Near East Commercial Bank and merged it with Banque de l'Industrie et du Travail. The combined entity operates as a full-service commercial bank headquartered in Beirut, with a distinct investment group that manages proprietary and third-party capital across Lebanon and select regional markets. The bank's wealth management division serves local high-net-worth families, a legacy of the Saradar family's multi-decade presence in Lebanese finance. The investment books span private credit, real estate development, and direct private equity. On the credit side, the bank extends structured and secured loans to mid-market Lebanese companies, stepping into the gap left by retreating international lenders. Real estate exposure centers on residential and commercial projects in Beirut and Mount Lebanon. Private equity activity — while more opportunistic — has historically targeted consumer goods, light manufacturing, and services businesses with proven cash flows. The bank does not publicly disclose total deployment or fund-level performance. The firm's board and executive committee includes veterans of Lebanese banking. Mario Saradar serves as Chairman and General Manager, with Rony Richa as Deputy General Manager. The bank has not published a headcount, though Lebanese bank league tables typically rank it among mid-tier institutions by assets. Adjacent vehicles include a charitable foundation that operates separately from the commercial balance sheet. In July 2024, the bank launched a digital onboarding platform for retail and wealth clients, a rare operational investment for a Lebanese bank during the country's ongoing financial crisis. Saradar Bank's structural differentiator is its survival posture: it runs a commercial bank, an investment book, and a wealth practice inside a jurisdiction where most peers have been hollowed out by capital controls and sovereign default since 2019. The merger in 2016 gave it a consolidated balance sheet just before the crisis hit, which — combined with conservative provisioning — has allowed it to continue originating loans and investment positions when competitors cannot. This makes it a consolidator-by-default in Lebanese private credit. ## Sectors - Real Estate - Private Credit - Private Equity ## People - Mario Saradar — Chairman and General Manager - Rony Richa — Deputy General Manager ## Questions ### Who runs investment decisions at Saradar Bank? Mario Saradar, as Chairman and General Manager, oversees the bank's investment portfolio. He is supported by Deputy General Manager Rony Richa and a team of senior bankers with tenure across Lebanese institutions. The investment group does not publicly disclose a separate CIO or investment committee structure (per the firm's official communications). ### How did Saradar Bank form? Saradar Bank was created in 2016 when Mario Saradar's group acquired a majority stake in Near East Commercial Bank and merged it with Banque de l'Industrie et du Travail. This consolidation brought together two legacy Lebanese banking franchises under one charter, creating a mid-tier institution with a merged balance sheet and an investment book. ### Does Saradar Bank manage third-party capital or only proprietary funds? The bank operates a wealth management division that serves local high-net-worth clients in addition to managing proprietary investment allocations. It does not publicly market standalone funds to institutional allocators outside Lebanon, making its third-party capital base largely domestic and relationship-driven (per the firm's official communications). ## Related profiles - [Sara Capital Partners](https://altss.com/profile/sara-capital-partners-management) - [Sarah Campbell Blaffer Foundation](https://altss.com/profile/sarah-campbell-blaffer-foundation) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/saradar-bank Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology