Since its establishment in 1961, Credit Libanais distinguished itself with the long experience and know-how it acquired over the years. Credit Libanais – one the oldest banks operating on the local arena – has proved its leadership position in the Lebanese banking industry through numerous pioneering steps, such as the acquisition of other banks since 1977, the last of which has been American Express Bank operations in Beirut (2000), the introduction of the electronic Point of Sale (POS) network in 1993, the establishment of the first nation-wide ATM network, International Payment Network (IPN), and the issuance, in 1996, of Euro Certificates of Deposits listed on international stock exchanges, which was the first operation of its kind in Lebanon.
Credit Libanais has become a leading retail bank by virtue of its innovations: modernizing its retail lending policies and procedures as well as recruiting highly qualified, talented personnel. On the Corporate Banking front, Relationship Managers maintain a sharper focus on large domestic corporate customers.
The Bank has also played a pioneering role in the country's card enterprise and payment network. The financial performance of Credit Libanais Group clearly reflects the success of the Bank's strategy to achieve sustainable growth at rates. Such performance strengthens the Bank's positioning on the list of leading local banks, confirming, once again, the soundness of its expansion strategies both locally and internationally.
Quality control is underlined by the Bank's qualification for the ISO 9001:2000 Certification for Quality Management System since 2003.