Standard Chartered Bank to Become ”Cedrus Invest”

The Central Bank of Lebanon has approved for Standard Chartered Bank to change its name to  “Cedrus Bank S.A.L” and that as of 02/03/2015.

This modification is a result of Cedrus Invest Bank acquiring Standard Chartered’ retail portfolio back in June 2014, a deal estimated to be worth $25 to $27 million. 

Standard Chartered Bank to Become ”Cedrus Invest”

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