Cedrus Bank
   HOME
*



picture info

Cedrus Bank
Cedrus Bank (part of the Cedrus Group) is a Lebanese bank founded in 2015, which caters to individuals and businesses in Lebanon and the region. On March 3, 2018, ''Cedrus Invest Bank'' announced the acquisition of Standard Chartered Bank in Lebanon and the launch of Cedrus Bank. ''Cedrus Invest Bank'' owns 85% of the capital of ''Cedrus Bank'', which amounted to $60 million in 2018, with the remaining 15% going to Nicolas Chammas, president of the ''Beirut Traders Association''. Fadi Assali, cofounder of ''Cedrus Invest Bank'', was appointed CEO of the new bank and Nicolas Chammas vice-president. Allegations The bank is known to be owned by President Michel Aoun and his family, who have denied allegation. Headquarters Cedrus Bank has its headquarters in Dbayeh with two branches in Verdun and Achrafieh Achrafieh ( ar, الأشرفية) is an upper-class area in eastern Beirut, Lebanon. In strictly administrative terms, the name refers to a sector (''secteur'') centred on ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Cedrus Bank Sin El Fil Branch Lebanon
''Cedrus'', common English name cedar, is a genus of coniferous trees in the plant family Pinaceae (subfamily Abietoideae). They are native to the mountains of the western Himalayas and the Mediterranean region, occurring at altitudes of 1,500–3,200 m in the Himalayas and 1,000–2,200 m in the Mediterranean.Farjon, A. (1990). ''Pinaceae. Drawings and Descriptions of the Genera''. Koeltz Scientific Books . Description ''Cedrus'' trees can grow up to 30–40 m (occasionally 60 m) tall with spicy-resinous scented wood, thick ridged or square-cracked bark, and broad, level branches. The shoots are dimorphic and are made up of long shoots, which form the framework of the branches, and short shoots, which carry most of the leaves. The leaves are evergreen and needle-like, 8–60 mm long, arranged in an open spiral phyllotaxis on long shoots, and in dense spiral clusters of 15–45 together on short shoots; they vary from bright grass-green to dark gr ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabian hinterland has contributed to its rich history and shaped a cultural identity of religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of , making it the second smallest country in continental Asia. The official language of the state is Arabic, while French is also formally recognized; the Lebanese dialect of Arabic is used alongside Modern Standard Arabic throughout the country. The earliest evidence of civilization in Lebanon dates back over 7000 years, predating recorded history. Modern-day Lebanon was home to the Phoenicians, a m ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Nicolas Chammas
Nicolas E. Chammas is a Lebanese Greek Orthodox economist, financier and businessman. Early life He was born in Beirut in 1963. He graduated from American University of Beirut (AUB), Massachusetts Institute of Technology (MIT) and Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p .... He earned a bachelor's degree in Civil Engineering, a master's degree in Civil & Environmental Engineering, and a master's degree in Business Administration with a focus on International Economy.BDL Accelerate. Nicolas E. Chammas'''Slice of MIT''. Meet the President: New Alumni Association Leader Nicolas Chammas SM ’87 Brings Global Reach' Career He serves as General Secretary of the Lebanese Economic Organizations and President of the Beirut Traders Association. He sits on ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Michel Aoun
Michel Naim Aoun ( ar, ميشال نعيم عون ; born 30 September 1933) is a Lebanese politician and former military general who served as the President of Lebanon from 31 October 2016 until 30 October 2022. Born in Haret Hreik to a Maronite Christian family, Aoun joined the Military Academy in 1955 and graduated as an artillery officer in the Lebanese Army. In 1984, he became the youngest Commander of the Army, at the age of 49 years. On 22 September 1988 during the fourth phase of the Lebanese Civil War, the departing President Amine Gemayel appointed him as the interim Prime Minister of a Military Government, after the parliament failed to elect a new president, and dismissed the current government headed by the Acting Prime Minister Selim Hoss. This controversial decision saw the rise of two rival governments contending for power at that time, with Aoun being supported mainly by Christians and Iraq, while the other being supported by Muslims and Syria. He declared ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Dbayeh
Dbayeh ( ar, ضبية) is a city in Lebanon located on the Mediterranean Sea in the Matn District, Mount Lebanon, between Beirut and Jounieh. The majority of the population is Christian, apart from some Gulf Arab Muslims who live there during the summer season. In February 1990 Dbayyeh was the scene of wide spread artillery exchanges and street fighting in an offensive launched by General Aoun against Samir Geagea’s Lebanese Forces (LF) in East Beirut. Dbayyeh was captured by Aoun’s soldiers on 6th February, half way through the two weeks of fighting in which 500 people were killed and 2000 wounded. The city recently became a hub for shopping and entertainment with its numerous shopping malls, restaurants and cinemas as well as a leisure port and a residential waterfront project. Dbayeh refugee camp was established in 1952 for Christian refugees from Bassa and Kafr Berem Kafr Bir'im, also Kefr Berem ( ar, كفر برعم, he, כְּפַר בִּרְעָם), was a form ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Verdun
Verdun (, , , ; official name before 1970 ''Verdun-sur-Meuse'') is a large city in the Meuse department in Grand Est, northeastern France. It is an arrondissement of the department. Verdun is the biggest city in Meuse, although the capital of the department is Bar-le-Duc, which is slightly smaller than Verdun. It is well known for giving its name to a major battle of the First World War. Geography Verdun is situated on both banks of the river Meuse, in the northern part of the Meuse department. It is connected by rail to Jarny. The A4 autoroute Paris–Metz–Strasbourg passes south of the town. History Verdun (''Verodunum'', a latinisation of a place name meaning "strong fort" in Gaulish) was founded by the Gauls. It has been the seat of the bishop of Verdun since the 4th century, with interruptions.A History of Food, Maguelonne Toussaint-Samat, Blackwell Publishing 1992, p.567 In 486, following the decisive Frankish victory at the Battle of Soissons, the city (amon ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Achrafieh
Achrafieh ( ar, الأشرفية) is an upper-class area in eastern Beirut, Lebanon. In strictly administrative terms, the name refers to a sector (''secteur'') centred on Sassine Square, the highest point in the city, as well as a broader quarter (''quartier''). In popular parlance, however, Achrafieh refers to the whole hill that rises above Gemmayze in the north and extends to Badaro in the south, and includes the Rmeil quarter. Although there are traces of human activity dating back to the neolithic era, the modern suburb was heavily settled by Greek Orthodox merchant families from Beirut's old city in the mid-nineteenth century. The area contains a high concentration of Beirut's Ottoman and French Mandate era architectural heritage. During the civil war, when Beirut was separated into eastern and western halves by the Green Line, Achrafieh changed from a mostly Christian residential area (compared to bustling, cosmopolitan Hamra, in Ras Beirut) to a commercial hub in its o ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]