The Mediterranean Bank Network - Criteria For Joining


Criteria for Joining the MBN as a Full member:

  • Mediterranean Identity
    Eligible applicants must be incorporated, registered and/or duly existing under the laws of a Mediterranean State.
  • Private Sector Credentials
    The bank in question must exhibit that it is either privately owned and operating according to free market economics or reveal a strong market orientated character.
  • One Bank per country Principle
    An applicant must ensure that its country is not already represented by another bank. If it is it may still apply for membership but requires the support and official approval of the existing member bank.
  • Of Good Repute
    All prospective entrants must enjoy a sound banking reputation, have respectable credit ratings and an appropriate country rank [it ought to be comparable in size to the other existing members].
  • Membership is primarily by invitation but may be considered following a written expression of interest. In fact approved prospective entrants are entitled to enjoy Observer Status for a short and predetermined duration.
  • The aim of the Network is to count a bank from each and every country of the Euro-Mediterranean area. The possibility does exist to have more than one bank from the same country so long as the new entrant effectively adds value to the Network, if it operates in a different region or market segment to that of the incumbent, or specialise in a particular aspect of financial services. The final decision however, rests upon the original member bank of that particular country.
  • The Network may also have as members, banks that are incorporated, registered and/or duly existing under the laws of a non-Mediterranean State. Such members are considered as Affiliate members, as opposed to Full members, and whilst may participate in all meetings of the Network do not have the right to vote in the General Assembly. The number of Affiliate members in proportion to the number of Full members may not exceed a ratio of three (3) Affiliate members for every five (5) Full members.

Member banks
  • The Bank of Valletta Group is a leading financial services provider in Malta, providing retail banking, investment banking, private banking, fund management, bancassurance, stockbroking and trustee services.

  • Spain’s fourth largest private banking group, covering all areas of the financial business sector under a common denominator: professional performance and quality.

  • One of the leading banks in the Kingdom of Jordan. A bank that has distinctly adapted continuous development and improvement schemes in all of its activities.

  • BPCE Banques Populaires network has 8,500,000 clients and customers (including 3,900,000 members), more than 3,338 branches, and is part of the second largest French banking group – the BPCE Group.

  • With the largest network of banking, the Banque Populaire Group is the leading banking network in Morocco .By the end December 2012, its network was 1145 branches and over 1323 ATMs.