Credit Libanais SAL 2021 Annual Report
The report highlights Credit Libanais' performance and strategic initiatives during the fiscal year 2021, a period marked by severe economic and financial crises in Lebanon. To navigate these challenges, the bank prioritized maintaining foreign currency liquidity, accelerating its digital transformation, and optimizing costs through branch reductions. Credit Libanais successfully completed a 20% capital increase required by the Central Bank of Lebanon and strengthened its capital ratios by reevaluating its fixed assets. Additionally, the bank continued its commitment to corporate responsibility as an official member of the UN Global Compact, focusing on quality education and national modernization.
Company: Credit Libanais SAL
Sector: Finance & insurance
Country: Lebanon
Year: 2021
Type: Annual Report
Pages: 86
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Credit Libanais SAL
Annual Report
The report highlights Credit Libanais' performance and strategic initiatives during the fiscal year 2021, a period marked by severe economic and financial crises in Lebanon. To navigate these challenges, the bank prioritized maintaining foreign currency liquidity, accelerating its digital transformation, and optimizing costs through branch reductions. Credit Libanais successfully completed a 20% capital increase required by the Central Bank of Lebanon and strengthened its capital ratios by reevaluating its fixed assets. Additionally, the bank continued its commitment to corporate responsibility as an official member of the UN Global Compact, focusing on quality education and national modernization.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available