Crédit Libanais

Key details

• Launch: 1961

Overview

Crédit Libanais is Lebanese commercial bank + EuroMTF: CRDL + Lebanese retail + institutional + foreign investors free float + one of Lebanon's largest commercial banks by assets + founded 1961 in Beirut Lebanon as Crédit Libanais Lebanese commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019 [1, lb-cro].

History

1961 — Crédit Libanais SAL founded in Beirut Lebanon as Crédit Libanais Lebanese commercial bank distinctive Lebanese banking heritage.

Oct 17 2019 — Lebanese banking + economic crisis triggers Lebanese commercial banking sectoral collapse with capital controls + Lebanese Pound LBP currency collapse + Banque du Liban BdL Ponzi scheme allegations.

2014 — Crédit Libanais Mobile banking app launch.

Ownership & operator

Operating entity: Crédit Libanais SAL (Lebanese commercial bank; EuroMTF: CRDL).

Major shareholders: Lebanese retail + institutional + foreign investors free float.

Regulators: Banque du Liban BdL + national regulators across 7+ countries.

Technical integration

Crédit Libanais Mobile app (iOS + Android) + creditlibanais.com.lb online + Crédit Libanais branch network across Lebanon + Cyprus + Bahrain + Iraq + Canada + Senegal + Gabon international branches + Crédit Libanais Visa + Mastercard cards; EMVCo QRCPS QR payments + Lebanese Pound LBP + US Dollar USD domestic transfers (amid Lebanese banking + economic crisis since 2019).

Implementations & partners

Major Lebanese banking + payments competitors: [[byblos-bank]] (Byblos Bank; BSE: BYB; Lebanese commercial bank; Lebanon's third-largest commercial bank by assets) + [[bank-of-beirut]] (Bank of Beirut; BSE: BOB; Lebanese commercial bank) + [[fransabank]] (Fransabank SAL; Lebanese commercial bank) + [[bankmed]] (BankMed; Lebanese commercial bank) + [[banque-libano-francaise]] (Banque Libano-Française BLF; Lebanese commercial bank) + [[sgbl-lebanon]] (Société Générale de Banque au Liban SGBL; Lebanese commercial bank) + [[bbac-lebanon]] (BBAC; Lebanese commercial bank).

Regulators: Banque du Liban BdL + national regulators across 7+ countries.

Status

Crisis-active, Lebanese commercial bank + EuroMTF:CRDL + Lebanese retail + institutional + foreign investors free float + one of Lebanon's largest commercial banks by assets + founded 1961 in Beirut Lebanon as Crédit Libanais Lebanese commercial bank operating amid ongoing Lebanese banking + economic crisis since 2019 [1, 2].

Sources

• 1 Crédit Libanais — official
• 2 Crédit Libanais — Wikipedia
• lb-cro In-corpus: reports/countries/LB-lebanon.md

Source

Biography extracted from credit-libanais.md. See matrix.md for standards-support matrix if present.