BEIRUT, December 1, 2010 /PRNewswire/ -- AM Financials s.a.l. (Al-Mawarid Financial Services) website has been voted as the Best Financial Institution Technical Website in the Middle East by The Banking Web Awards, Member of Pan Arab Web Awards Academy. Launched in July 2010, the new AM Financials website with its innovative and easy-to-use services, rapidly became one of the fastest growing Financial Institutions websites in the country and region.

Hailed by a large audience of ambassadors, politicians, bank managers, bankers and business men/women from all over the region, AM Financials Website http://www.amfinancials.com was announced to be the Best Technical Award winner in the Middle East. Websites are judged based on special criteria that includes technology, interactivity, content, innovation and mainly ease of use.

"We understand that the financial services industry is very competitive when it comes to web development. It is sometimes difficult to find balance between what our clients and web visitors are looking for in terms of innovation and technology and what the regulatory bodies and financial industry demand in terms of regulations," said Mohammed Al-Hamidi, Managing Director at AM Financials.

"It was just few months ago when we launched our new website with the goal of helping users develop better habits and understanding of the financial markets," said Haddy Haddad, Information Technology Manager at AM Financials. "This web award confirms again what we believe to be the positive impact AM Financials website is having on its users and we are really honored to be recognized by The Banking Web Awards committee," Haddad added.

"The Banking Web Awards honor the very best of the Financial Websites on the Internet," said Pierre Moukarzel, Founder and President of the Pan Arab Web Awards Academy, in The Banking Web Awards ceremony that took place at Phoenicia InterContinental Hotel, Beirut on the 23rd of November, 2010. "The awards are a testament to the skill, innovation, and vision of its creators," Moukarzel added.

About AM Financials s.a.l: Winner of the "Best Institutional FX Provider Award 2010", AM Financials is a leading financial institution that offers Online Trading (Forex, Equities, Options, and Futures) besides personalized services in Investment Advisory, Portfolio Management, Custody, Trade Execution, Credit Facilities and Banking Services. AM Financials s.a.l. is a sister company for Al-Mawarid Bank s.a.l. which was established in 1980. AM Financials s.a.l. is a Lebanese Financial Institution regulated and licensed by the Lebanese Central Bank known as Banque du Liban (BDL). AM Financials is on BDL's list of Operating Financial Institutions #31 ( http://www.bdl.gov.lb/bfs/FI/index.htm ).

Media Department: AM Financials s.a.l, media@amfinancials.com, +961-1-369169 ext 238

SOURCE: AM Financials

CONTACT: Media Department: AM Financials s.a.l, media@amfinancials.com,+961-1-369169 ext 238