Industry Banking Total assets 3.325 billion USD (2015) Founded 1981 | Website creditbank.com Headquarters Dekwaneh | |
Subsidiaries Credex SAL
Anelik Bank CJSC, Armenia
CB Anelik RU LLC, Russia Profiles | ||
Creditbank online banking
Creditbank s.a.l was established in Lebanon in 1981 as Crédit Bancaire by Joseph Khalifé and Fouad Zoghby. The acquisition of Crédit Lyonnais s.a.l in 2002 prompted the bank to change its name to Creditbank s.a.l. Furthermore Creditbank holds 100 percent of Anelik RU LLC in Russia and 40.32 percent of Anelik Bank CJSC in Armenia.
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Creditbank s.a.l is one of Lebanon’s fastest growing banks. Recording an average annual growth rate of some 20% for 7 years, the bank’s total deposits in 2013 surpassed the $2 billion benchmark for which it was awarded Lebanon’s prestigious Alpha Bank status. Creditbank s.a.l in 2013 also boasted Lebanon’s highest loans-to-deposits ratio at nearly 57%, while total assets by the end of the same year amounted to $2.6 billion.
Creditbank had a shareholders’ equity over $279 million in 2015. Its network consists of 25 branches spread across Lebanon.
Creditbank offers a wide variety of products and services in the field of retail, investment, corporate, and SME banking. Some of the banking products it offers include the Creditbank Contactless Sticker, the Multi Currency Prepaid Card and the Combo Card.