Description:

CST was established in 1997, with the aim of providing credit reinsurance support, under SARL jurisdiction and became an SAL company in 2015, coupled with professional expertise in the management of such credit granted by banks and financial organizations. CST also manages all kind of consumer loans, beginning with selection and ending with bad debts recoveries. 

Credit insurance, allows a true and real “TRANSFER OF RISK” allowing the bank to rest safe in case of payment default. Hence the effective risk is in fact borne by the insurance company. CST acts as a perfect go-between between the bank, the insurance company, the participating merchants and finally the consumer or end-user. 

CST acts as the back-office for parties involved in such financing schemes: The bank, the insurance company, the trader, etc... Within our system, the credit operation is followed since the time the credit application is filled by the consumer and up to the time when the latter has totally reimbursed his loan. 

CST makes the necessary inquires and evaluates the credit risk (credit scoring), it also takes in charge the daily follow-up of payment delays, and eventually the claim process and recovery in case of payment default. 

Services

Full credit management third party administrator functions:

  • Credit investigation
  • Credit scoring
  • Debts monitoring and follow-up
  • Monthly promissory notes collection
  • Bad debts recoveries
  • Full range of statistics
  • Statistics analysis
  • Credit insurance loss adjusters

List of Insurance Companies using CST services in Lebanon

  • AL MASHREK INS. & REINS.CO. S.A.L.
  • ARABIA INSURANCE COMPANY S.A.L.
  • AROPE INS. & REINS. CO. S.A.L.
  • MEDGULF INS. & REINS.CO. S.A.L.

List of banks using CST services directly (bad debt collections) or through one of above insurance companies

  • Al Baraka Bank Lebanon S.A.L.
  • BLOM Bank S.A.L.
  • Bank of Beirut S.A.L.
  • Banque Misr Liban” (BML)

Financial institutions using CST services or through one of the above insurance companies or banks

  • CST For Loans S.A.L.

List of major customers using CS&T services directly (bad debt collections) or through one of the above insurance companies or banks

Byoutna S.A.R.L.

  • Ets. Kettaneh (Pharma) S.A.L.
  • Cotton Trade International (Offshore) S.A.L.
  • Allchem S.A.L.
  • ZAD Association

Profile:

Object: Credit Insurance Administration and bad debts collection

Company’s Name: Credit Systems & Techniques Lebanon.

Legal Status: S.A.L.

Date Established: 8/2015

Interest: Credit Insurance Third Party Administrators

Address:

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone 961-3-361901 961-3-361901 / 961-1-878125 961-1-878125 
Phone/Fax: 961-1-894242
Email:
admin@cst.com.lb
Website:www.cst.com.lb

Board Members and Managers:

  • Mr. André Anhoury (representative of CST Holding)
  • Mr. Saleh Mohsen Srour (Chairman - General Manager)
  • Mr. Joseph Chahine
  • Mr. Gladys Chahine
  • Mr. Maher Darwish

Bankers: 

  • BML (Banque Misr Liban)
  • Bank Of Beirut
  • Blom Bank

Auditor: UHY Andy Bryan & Co. - Elie Abboud

Lawyers: 

Mtre. Souheil El Jouni
Mtre. Elie El Murr
Mtre. Charbel Melki

Description:

CST Offshore was created early 2014.

The main purpose of CST Offshore is to control and manage CST foreign subsidiaries (CST Jordan, CST Egypt and CST Iraq).
CST Offshore is also in charge of exploring foreign markets and find new opportunities in the Middle Eastern area.

Profile:

Object: Manage and control foreign subsidiaries.

Company’s Name: Credit Systems & Techniques Lebanon Offshore

Legal Status: SAL

Date Established: 3/2014

Interest: Management and development of foreign operations.

Address: 

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone 961-3-361901 / 961-1-878125
Phone/Fax: 961-1-894242
Email:
admin@cst.com.lb
Website: www.cst.com.lb

Board and Managers: 

  • Mr. Saleh Srour (Chairman – General Manager)
  • Mrs. Gladys Chahine (Board Member – Financial Manager)
  • CST Holding (Board Member)

Bankers: BML (Banque Misr Liban)

Auditors: UHY Andy Bryan & Co. - Elie Abboud

Lawyers: 

Mtre. Elie El Murr
Mtre. Souheil El Jouni

Description: 

CST Jordan was established in 2007, with the aim of providing credit reinsurance support, coupled with professional expertise in the management of such credit granted by banks and financial organizations. CST also manages all kind of consumer loans, beginning with selection and ending with bad debts recoveries. 

Credit insurance, allows a true and real “TRANSFER OF RISK” allowing the bank to rest safe in case of payment default. Hence the effective risk is in fact borne by the insurance company. CST acts as a perfect go-between between the bank, the insurance company, the participating merchants and finally the consumer or end-user. 

CST acts as the back-office for parties involved in such financing schemes: The bank, the insurance company, the trader, etc... Within our system, the credit operation is followed since the time the credit application is filled by the consumer and up to the time when the latter has totally reimbursed his loan. 

CST makes the necessary inquires and evaluates the credit risk (credit scoring), it also takes in charge the daily follow-up of payment delays, and eventually the claim process and recovery in case of payment default.

Services

Full credit management third party administrator functions:

  • Credit investigation
  • Credit scoring
  • Debts monitoring and follow-up
  • Monthly promissory notes collection
  • Bad debts recoveries
  • Full range of statistics
  • Statistics analysis
  • Credit insurance loss adjusters

List of Insurance Companies using CS&T services in Jordan

  • Delta Insurance Company
  • The Arab Assurers

List of banks using CS&T services directly (bad debt collections) or through one of above insurance companies

  • Egypt Arab Land Bank
  • BLOM Bank Jordan
  • Capital Bank Jordan
  • SGBJ (Societe Generale de Banque Jordanie)

Financial institutions using CS&T services or through one of the above insurance companies or banks

Credit Card Services Company Jordan (Master card and Visa)

Profile: 

Object: Credit insurance administration and bad debts collection.

Company’s Name: Credit Systems & Techniques Jordan Ltd.

Legal Status: Limited

Date Established: 1/2007

Interest: Credit Insurance Third Party Administrators

Address: 

1st floor - Building # 32 - Queen Rania Al Abdallah STR. Sport City - Amman 
Al Madina Al Riadyah – Amman
P.O. Box: 963287 Amman 11196 Jordan
Phone: +962-6-5100080
Fax: +962-6-5165006

Website: www.cst.com.lb

Shareholders: 

Credit Systems & Techniques Holding 50%

Khaled Al Masri 20%

Mohammed Yassin 20%

Joseph Assaad Chahine 10%

Legal Representatives: 

Joseph Chahine 
Mohammed Yassin

Managers: 

Joseph Chahine (Chairman) 
Mohammed Yassin (General Manager)

Bankers: 

Blom Bank - Jordan
SGBJ (Société Générale de Banque Jordanie)
Capital Bank

Auditor: FKI First Key Indicator

Lawyers: 

Mtre. Samer Nusseir

 

Description:

CST Egypt was established in 2008, with the aim of providing credit reinsurance support, coupled with professional expertise in the management of such credit granted by banks and financial organizations. CST Egypt also manages all kind of consumer loans, beginning with selection and ending with bad debts recoveries. 

Credit insurance, allows a true and real “TRANSFER OF RISK” allowing the bank to rest safe in case of payment default. Hence the effective risk is in fact borne by the insurance company. CST Egypt acts as a perfect go-between between the bank, the insurance company, the participating merchants and finally the consumer or end-user. 

CST Egypt acts as the back-office for parties involved in such financing schemes: The bank, the insurance company, the trader, etc... Within our system, the credit operation is followed since the time the credit application is filled by the consumer and up to the time when the latter has totally reimbursed his loan. 

CST Egypt makes the necessary inquires and evaluates the credit risk (credit scoring), it also takes in charge the daily follow-up of payment delays, and eventually the claim process and recovery in case of payment default.

Services:

Full credit management third party administrator functions:

  • Credit investigation
  • Credit scoring
  • Debts monitoring and follow-up
  • Monthly promissory notes collection
  • Bad debts recoveries
  • Full range of statistics
  • Statistics analysis
  • Credit insurance loss adjusters

List of Insurance Companies using CS&T services in Egypt:

  • Arab Misr Insurance Group (GIG)
  • Iskan Insurance Company
  • United Insurance

List of Customers using CS&T services:

  • Bavarian Group
  • BLOM Bank Egypt
  • Rizkallah Group
  • Sanita Egypt
  • Unipack Egypt
  • Dabur Amla
  • Cannex

Profile: 

Object: Credit Insurance Administration and bad debts collection

Company’s Name: Credit Systems & Techniques Egypt SAE

Legal Status: Société Anonyme

Date Established: 11/2007

Interest: Credit Insurance Third Party Administrators

Address: 

B25, El Dokki Street
Giza - Egypt
P.O. Box: 47-Orman
Telefax: +202 2 37608975 | +202 2 37608983 |+202 2 37608985
Email:
cst-eg@cst-eg.com
Website:www.cst.com.lb

Legal Representatives:

  • Mr. André Jacques Anhoury
  • Mr. Saleh Mohsen Srour
  • Mr. Maher Darwish

Chairman: Mr. Maher Darwish

Managers: Mr. Saleh Srour (Managing Director)

Financial Manager: Mrs. Gladys Chahine

Bankers: 

Blom Bank – Egypt 
 

Auditor: Fouad Elwatan - Consultants - Accountants & Auditors – Independent Member of BKR International

 

Insurance Companies

I & I Lebanon is dealing with the following insurance companies:

  • Al Mashrek Insurance
  • Amana InsuranceLIFA COMPANY
  • Arabia Insurance
  • Bankers Assurance
  • Commercial Insurance
  • Medgulf Insurance
  • Sécurité Assurances
  • Trust Compass Insurance
  • Victoire

I&I Main Customers

  • CST Group of Companies
  • BML (Bank Misr Liban)
  • Al Baraka Bank
  • ZAD ASSOCIATION
  • Ets. F.A Kettaneh (pharma) SARL
  • COTTON TRADE INTERNATIONAL(OFFshore) SAL
  • ALLCHEM SAL
  • MIDEAST POWER SYSTEMS SAL
  • BERBERI GROUP
  • SIGN RENT A CAR
  • SETCO-SALAME ENGINEERING TRADING & CONTRACTING CO.SAL
  • GENERAL SPARE PARTS CO. SAL
  • NEAIMI GENERAL TRADING
  • GENERAL PACKAGING INDUSTRIES
  • TOURISM AND SHIPPING SERVICES S.A.R.L
  • NAT CONSULTING 
  • DREAM SCHOOL
  • TRADING GROUP

Profile:

Object: Insurance Brokerage

Company’s Name: Installments & Insurance S.A.L. (I & I)

Legal Status: S.A.L.

Date Established: 9/2001

Interest: Insurance Brokerage and Consultancy

Address: 

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone & Fax: 961-1-878927
Email:
iandi@cst.com.lb

Website: www.cst.com.lb

Board Members and Managers: 

  • André Jacques Anhoury – Chairman – General Manager
  • Saleh Mohsen Srour – Vice President
  • Imad Gerges El Houkayem - Administrator

Bankers:

Blom Bank S.A.L.
BML (Banque Misr Liban)

Auditor: UHY Andy Bryan & Co. - Elie Abboud

Lawyers: Mtre. Souheil El Jouni

Insurance Companies

We are dealing with the following insurance companies:

 

  • Delta
  • Medgulf
  • Newton
  • Arab Assurers
  • Arab Orient
  • Al-Wataneya

 

I&I Jordan Main Customers

 

  • Agmest Group
  • Al-Bayan Medical Equipment’s
  • Al-Maaref school
  • Al-Meelad Air
  • White Gold company
  • Al-Baron Real States
  • Rashid and Rabieh for car trading
  • No Limits company
  • Crown Plaza Hotels
  • Arab Union Universities 
  • Qaraman Group
  • Arab Raya
  • Transmed
  • Couzi Pizza

 

Profile:

Object: Insurance Brokerage

Company’s Name: Installments & Insurance Jordan L.T.D. (I & I)

Legal Status: Limited

Date Established: 11/2010

Interest: Insurance Brokerage and Consultancy

Address: 

1st floor - Building # 32 - Queen Rania Al Abdallah STR. Sport City - Amman 
Al Madina Al Riadyah – Amman
P.O. Box: 963287 Amman 11196 Jordan
Phone: +962-6-5100080
Fax: +962-6-5165006

Website: www.cst.com.lb

Shareholders: 

  • Credit Systems & Techniques Jordan : 50%
  • Mazen Al-Saber : 50%

Legal Representatives: 

  • Mazen Al-Saber
  • Khaled Al-Masri
  • Joseph Chahine

Managers: Mazen Al-Saber (General Manager)

Bankers: Blom Bank - Jordan 

Auditor: Kawader

Lawyers: Samer Nusseir

Description: 

Created in 2003, Byoutna’s role is to create, engineer and administrate specially tailored consumer credit plans and schemes for Banks and financial institutions. 
It comes out with new credit concepts, adapted to the local social factors, easily understandable and acceptable to the majority of consumers and traders. 
All plans and programs will be framed, so as to include the maximum guarantees, in order to secure regular payments and easy recovery. 

Byoutna also support in the marketing and management of such plans, it creates and implements merchants networks. It uses a sales force covering all areas across countries of operations.

Profile:

Object: Marketing and Administration of Financial Products

Company’s Name: BYOUTNA

Legal Status: S.A.R.L

Date Established: 30/7/2003

Interest: Marketing of consumer financial products

Address: 

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone & Fax: 961-1-878927
Email:
byoutna@cst.com.lb

Website: www.cst.com.lb

Managers: Saleh Mohsen Srour

Auditor: UHY Andy Bryan & Co. - Elie Abboud

Lawyers: Mtre. Souheil El Jouni

Description:

Last born of CST group of companies, CST for loans was established mid 2010, completing the range of services offered by the CST group of companies. 

CST for Loans is a commercial vehicle aimed to lend small amounts of money (micro loans) to small entrepreneurs and consumers.

How does CST For Loans operate?

CST For Loans targets loan applicants such as junior employees, pre-bankable workers, self-employed, government employees, army personnel and small business owners.

  • Loans range from USD 1,000 to USD 10,000 and are aimed to finance small business expansion or improvement, home renovation, used car acquisition, vacation packages, home appliances and furniture etc.
  • Loans are made directly to the individual, or the company, or through merchants and co-branded credit cards.

CST For Loans Advantages

Large data base with credit history from CST Lebanon

  • Long term reliable relationship with investigation companies
  • Approval or rejection of loans within acceptable timeframe
  • Door to door collection and telephone follow-up
  • Several lawyers engaged for recoveries

What Are Repayment Guarantees?

Credit Insurance for all loans

  • Life Insurance for borrowers
  • Promissory Notes signed by borrowers
  • Vehicle Mortgage + Total Loss Insurance for car loans
  • Additional guarantees on case-by-case basis: salary domiciliation, real estate ownership deed, vehicle license …

Why loans granted by "CST LOANS" are secured?

CST Lebanon track record

  • Investigation
  • Scoring
  • Selection
  • Management of ongoing debts; Daily follow-up on delays, screening.…
  • Payment defaults are covered by Credit Insurance
  • Penalty charges on Payment delays
  • CST Group reputation with banks, insurers and reinsurers

Profile:

Object: Lending company (comptoir)

Company’s Name: CST For Loans.

Legal Status: S.A.L.

Date Established: 2010

Interest: 

- SME's Small Loans

- Micro-Finance 
- Personal Loans 
- Car Loans 
- Consumer Loans

Address: 

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone 961-3-361901 / 961-1-878125 
Phone/Fax: 961-1-894242
Email:
info@cst.com.lb
Website:www.cstloans.nov.ax

Board Members:

  • CST Holding represented by Mr. André Anhoury (Chairman)
  • Aspect Developers S.A.L. represented by Mr. Bernard Gerdy
  • Mr. Raja Abdallah (CEO)
  • Mr. Saleh Srour (Vice Chairman)
  • Mr. Gilles de Clerck

Bankers: 

Bank of Beirut
BML (Banque Misr Liban)

Auditor: UHY Andy Bryan & Co. - Elie Abboud

Lawyers: 

Mtre. Elie El Murr
 

Description:

CST Iraq was established in 2012, with the aim of providing credit reinsurance support, coupled with professional expertise in the management of such credit granted by banks and financial organizations. Credit Systems & Techniques also manages all kind of consumer loans, beginning with selection and ending with bad debts recoveries. 

Credit insurance, allows a true and real “TRANSFER OF RISK” allowing the bank to rest safe in case of payment default. Hence the effective risk is in fact borne by the insurance company. CST acts as a perfect go-between between the bank, the insurance company, the participating merchants and finally the consumer or end-user. 

CST acts as the back-office for parties involved in such financing schemes: The bank, the insurance company, the trader, etc... Within our system, the credit operation is followed since the time the credit application is filled by the consumer and up to the time when the latter has totally reimbursed his loan. 

Credit Systems & Techniques makes the necessary inquires and evaluates the credit risk (credit scoring), it also takes in charge the daily follow-up of payment delays, and eventually the claim process and recovery in case of payment default. 

Services

Full credit management third party administrator functions:

  • Credit investigation
  • Credit scoring
  • Debts monitoring and follow-up
  • Monthly promissory notes collection
  • Bad debts recoveries
  • Full range of statistics
  • Statistics analysis
  • Credit insurance loss adjusters

List of Insurance Companies using CS&T services in Iraq

UR International Insurance Co.

List of banks using CS&T services directly (bad debt collections) or through one of above insurance companies

National Bank of Iraq

Profile:

Object: Credit Insurance Administration and bad debts collection

Company’s Name: Credit Systems & Techniques Iraq Ltd.

Legal Status: Limited

Date Established: 9/2012

Interest: Credit Insurance Third Party Administrators

Address:

Iraq-Erbil-Ankawa-Street-240/8/395
P.O.Box : Iraq-Erbil-Ankawa : 24-981
Phone: +964 066 2253325 
Mobile : +964 750 2354112
Fax: +964 066 2253324
Website: www.cst.com.lb

Shareholders:

  • CST Holding (60%)
  • Joseph Assaad Chahine (15%)
  • Saleh Mohsen Srour (10%)
  • Sami Jalal Mohammed(10%)
  • Chadi Assaad Chahine (5%)

Legal Representatives:

  • Joseph Assaad Chahine
  • Sami Mohammed Jalal

Managers: 

  • Joseph Assaad Chahine
  • Sami Mohammed Jalal
  • Chadi Assaad Chahine (Assistant Manager)

Bankers:

National Bank of Iraq (Erbil) 
Credit Libanais (Erbil)

Auditor: Hochiar Abdallah Houeiz

Lawyer: Mtre. Aso Hadi Mohammed

Object: Holding

Company’s Name: Credit Systems & Techniques Holding S.A.L.

Legal Status: S.A.L.

Date Established: 1/2010

Address:

Jdeideh - Park Jdeideh Center -2nd Floor 12,56th Street
P.O. Box: 11-4690 BEIRUT-LEBANON
Phone/Fax: 961-1-878927
Email:
info@cst.com.lb

Website: www.cst.com.lb

Legal Representatives:

Andre Anhoury 
Saleh Srour

Board Members:

Andre Anhoury (Chairman) 

Saleh Srour

Joseph Chahine

Gladys Chahine

Maher Darwish

Bankers: Bank Of Beirut

Auditors: UHY Andy Bryan & Co. - Elie Abboud

Lawyers:

Mtre. Souheil El Jouni
Mtre. Elie El Murr

 

 

The following departments constitute the core of CST Backbone, the CST team consists of highly trained individuals with experience in the credit field and familiar with the local market conditions; all of them having worked insurance or banking sectors with a successful track record.

  • Production and selection department.
  • Credit investigation and credit risk evaluation.
  • Monitoring, Follow-Up and Claims Recovery Department.
  • Direct relation with insured’s customers with payment delays or payment defaults.
  • Claims Processing Department.
  • Claim’s evaluation and process for acceptance or decline.
  • Legal Department The department role mainly consists in transmitting claimed files when necessary to various specialized lawyers. This department also controls on a monthly basis legal pursuits engaged against claimed defaulters.
  • Reinsurance and Statistics Department The department is in charge of preparing the quarterly reinsurance bordereaux together with general statistics to insurance companies and reinsures.
  • IT Department Hardware, software and network maintenance. Assist in the programming of the new web CST specially customized software.
  • Accounting Department Supervises accounts for all companies in the group.
  • Quality Control Departments This department is in charge of verifying if all incoming and outgoing operations are in conformity with quality norms defined by CST guidelines.
  • Regional Division This department coordinates all reinsurance matters centralized in Beirut. The regional divisions also make sure that production, follow up and claims resolution are in conformity with CST guide lines, This department is also in charge for regional development.
  • Public Relations This department caters for all companies customer relations.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

The following departments constitute the core of CST Backbone, the CST team consists of highly trained individuals with experience in the credit field and familiar with the local market conditions; all of them having worked insurance or banking sectors with a successful track record.

  • Production and selection department
  • Credit investigation and credit risk evaluation
  • Monitoring, Follow-Up and Claims Recovery Department
  • Direct relation with insured’s customers with payment delays or payment defaults.
  • Claims Processing Department
  • Claim’s evaluation and process for acceptance or decline.
  • Legal Department The department role mainly consists in transmitting claimed files when necessary to various specialized lawyers. This department also controls on a monthly basis legal pursuits engaged against claimed defaulters.
  • Reinsurance and Statistics Department The department is in charge of preparing the quarterly reinsurance bordereaux together with general statistics to insurance companies and reinsures.
  • IT Department Hardware, software and network maintenance. Assist in the programming of the new web CST specially customized software.
  • Accounting Department Supervises accounts for all companies in the group.
  • Quality Control Departments This department is in charge of verifying if all incoming and outgoing operations are in conformity with quality norms defined by CST guidelines.
  • Regional Division This department coordinates all reinsurance matters centralized in Beirut. The regional divisions also make sure that production, follow up and claims resolution are in conformity with CST guide lines, This department is also in charge for regional development
  • Public Relations This department caters for all companies customer relations.

The following departments constitute the core of CST Backbone, the CST team consists of highly trained individuals with experience in the credit field and familiar with the local market conditions; all of them having worked insurance or banking sectors with a successful track record.

  • Production and selection department
  • Credit investigation and credit risk evaluation
  • Monitoring, Follow-Up and Claims Recovery Department
  • Direct relation with insured’s customers with payment delays or payment defaults.
  • Claims Processing Department
  • Claim’s evaluation and process for acceptance or decline.
  • Legal Department The department role mainly consists in transmitting claimed files when necessary to various specialized lawyers. This department also controls on a monthly basis legal pursuits engaged against claimed defaulters.
  • Reinsurance and Statistics Department The department is in charge of preparing the quarterly reinsurance bordereaux together with general statistics to insurance companies and reinsures.
  • IT Department Hardware, software and network maintenance. Assist in the programming of the new web CST specially customized software.
  • Accounting Department Supervises accounts for all companies in the group.
  • Quality Control Departments This department is in charge of verifying if all incoming and outgoing operations are in conformity with quality norms defined by CST guidelines.
  • Regional Division This department coordinates all reinsurance matters centralized in Beirut. The regional divisions also make sure that production, follow up and claims resolution are in conformity with CST guide lines, This department is also in charge for regional development
  • Public Relations This department caters for all companies customer relations.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition. Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

  • Allowing the betterment of credit terms and conditions
  • By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

  • Engineering and designing of credit products through its specialized company Byoutna.
  • Credit worthiness and data analysis
  • Evaluation tools
  • Debts monitoring
  • Bad debts recoveries

Credit Systems & Techniques offers insurance companies: Equal access to underwriting and technical expertise in the credit insurance field; A sophisticated data base and; Reinsurance along with; The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World. Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.