Credit Libanais - Banking with Lebanons Credit Experts

Credit Libanais SAL, a bank based in Beirut, provides a complete range of financial services available through its wide system of branches numbering 65 all around Lebanon. The company also has branches in Limassol, a city in Cyprus and Manama in Bahrain. In Montreal, the Bank has a representative office.

Founded in July 12th, 1961, Credit Libanais Credit Experts is a joint stock company in Lebanon, with majority of shares being held by EFG Hermes CL Holding SAL and CIH Bahrain International Holding SAL. 11 percent of the company is divided among a number of shareholders, both institutional and individual.

Since being established in 1961, the Bank has been renowned for its pioneering efforts and broad expertise. Among the Bank's earliest efforts were in e-banking and currently is part of an extensive network of international affiliate banks around the world. It is one of the oldest still existing banks in the Middle East. It is a leading figure in the banking sector of Lebanon, and has established this position by acquiring other banks. Its first acquisition was done in 1977, with the latest in 2000, when it acquired the operations of American Express Bank. In 1993, it introduced its electronic POS (Point of Sale) network. Among the Credit Libanais Credit Experts' other firsts were the organization of the Lebanon's first ATM network and International Payment Network or IPN. In 1996, the Bank's Certificates of Deposits in Euros were included in international stock exchanges, the first Lebanese firm to do so.

The leadership of the Bank in the Lebanese financial sector is enforced by its modernization of the country's methods and rules in retail lending which the company spearheaded, aside from its highly qualified and valuable personnel. Lebanon's credit and payment system was also largely influenced by the Bank, turning the Credit Libanais Credit Experts Group into one of the most financially stable companies in the country. Moreover, the Bank's commitment to excellent is affirmed by its adherence and inclusion to the ISO 9001 2000 System, which it has maintained since 2003.

The Bank offers customers various financial services from personal, corporate, retail,investment and Islamic banking. The Bank also provides other products such as leasing and micro-finance for Small and Medium Enterprises. Aside from the Bank's branches all throughout Lebanon and other branches and offices abroad, customers may also be assisted by its call center, and other banking modes be it through TV, WAP, or the internet. No matter where a client is in the world, Credit Libanais Credit Experts is well within reach.

For clients who are interested in widening and strengthening their investment portfolios, the Bank also has standards of quality in private banking instruments and capital markets that are available not just in the Lebanese market, but also internationally. The Bank also participates and is a co-manager of sovereign issues of Eurobonds and also has stakes in the local market for securities with fixed income.

The Bank aims to be Lebanon's preferred bank, with customer focus, teamwork and quality performance as its core values. By fulfilling this mission, Credit Libanais Credit Experts has designed itself, and has been successful in becoming a one-stop shop for anyone interested in its wide array of products and services. Credit Libanais [l]