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Standard Chartered is now Cedrus Bank SAL

On the 27th of February 2015, Cedrus Invest Bank finished the acquisition of Standard Chartered SAL from Standard Chartered Bank, and subsequently Cedrus Bank was born.

We, offer a complete range of Commercial and Retail banking services including:

  • Current and Savings Accounts
  • Housing Loans
  • Mortgage Loans
  • Personal Loans
  • Credit Cards
  • Car Loans
  • Investments
  • Bank assurance
  • Fiduciary Accounts
  • Overdrafts
  • Term Loans
  • Re-financing of Goods
  • Project Financing
  • Subsidized Loans
  • Kafalat Loans
  • Commercial Property Loans
The Bank has adopted a customer-centric approach placing the interest and comfort of its clients at the core of its business model. As a result, the Bank’s focus is on developing its workforce and enhancing alternative delivery channels including smart ATMs, Internet Banking, Mobile Banking & Direct Sales.


To constantly create value to our stakeholders by applying stringent standards of ethics and fostering relationships built on trust.


To become a major player in the banking industry by setting a new model and developing lifetime partnerships with our customers accompanying them across generations towards their goals.

At Cedrus Group we believe in building relationships based on values. Each customer is a stakeholder and each member of the Group is a pillar in sustaining these relationships.

Our core values are the corner stone of our business:


At Cedrus Group we believe in assurance through transparency; our customers depend on us to deliver banking solutions and financial statements that help them understand the nature of our business.

Progress Through Innovation

At Cedrus Group we aim at leading the way in modern banking and redefining banking experience by offering progressive innovations and solutions, we are committed to always being with our customers, at the touch of a button.


Our reputation is built on integrity and is maintained by it. The main driver of growth and building trust relies on promoting a culture of integrity to improve our employees’ productivity, and deliver customer satisfaction


We are committed to placing our customers’ best interest first by constantly providing excellent service and exceptional experiences. By focusing on our customers, we are able to produce a solid return for our stakeholders and provide them with banking expertise.