André Jacques Anhoury
Chairman General Manager

Dear Insurers, Customers and Friends,

Since its creation in 1997, as the first retail credit insurance TPA in the Middle East, Credit Systems & Techniques has gradually grown to become the leading company in its domain. We have regionally expanded in Egypt, Jordan and Iraq and are about to sign joint venture agreements in Bahrain to uphold growth and steadiness; In 2017, we have created "CST Europe" in Cyprus. CST has also diversified its services to include insurance brokerage, marketing and micro lending. Early 2015, we have introduced trade credit insurance as part of our business solutions and have been able to secure reinsurance cover from key international reinsurers whom have favored us with their confidence and support. CST is now looking forward to diversify and invest in various domains and sectors, apart from insurance and finance, through its Holding company.       

In 1997, CST started with two employees; today, we are a team of over 80 employees spread across the Middle East. CST Holding is the major shareholder in the other nine companies of the group and the executives of each company are shareholders of these enterprises, as well as shareholders in the holding company. Therefore, all of us constitute one united team gathered into the CST    Holding board of directors.    

Since it’s foundation and in spite of all the difficulties, the political and security troubles in the region, our group has succeeded to emerge and expand. The foremost reasons of our success are our team solidarity, our will to grow and our faith in what we are accomplishing; without forgetting social involvement through it all. Notwithstanding all the turmoil Lebanon is passing through, we are confident and believe it still has ceaseless potential for economical development and growth. We are also confident that in spite of the dark times hitting the Middle East, the area will revive and the people of our countries shall recope with prosperity and wellness. Today, we are looking further and planning our ambitions. CST is expanding in our currently operating countries and looking forward to enter new markets, in Europe and Asia. CST is presently developing a partnership in Cyprus in order to pursuit new opportunities and attain more goals. In 2017 "CST Europe" was created in Cyprus, as our tool to enter Southern and Eastern European markets.

Here, I would like to emphasize on the human values which are CST backbone, in fact in each and every action, we get involved in, we are keen to preserve the interest of the individuals as human beings by giving them the chance to fulfill their ambitions and aspirations, in a spirit of respect and morality.

Our team (managers and employees) across the area is totally dedicated to achieve this task and offer the best service  possible.  

I would personally like to thank all our business partners, insurance companies, banks and commercial customers, which confidence and support allowed us achieve our success story. Moreover, I would like to honor the loyalty of our employees and the permanent support of Messrs, Nasco-France and the reinsurers who have always favored us with their confidence.

Finally, all of us at CST, look ahead for a bright future in our area and the world, thus allowing a betterment of our business development coupled with stability and prosperity.

André Anhoury

Chairman