CST S.A.L Lebanon

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.

CST Offshore was created early 2014.

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

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

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

List of major customers

  • Ets. Kettaneh (Pharma) S.A.L.
  • MEIT
  • Allchem S.A.L.
  • ZAD Association

Work Space

Our Location

Address: 2nd Floor, Park Jdeideh Center 12, 56 Street - Sector 2 Jdeideh – Metn -Lebanon

Phone: 961-3-361901 961-3-361901 / 961-1-878125 961-1-878125

Email: admin@cst.com.lb

Board Members and Managers

Mr. Saleh Mohsen Srour : GROUP CEO

Mr. Maher Darwish : Group Vice president

Reine Chahine

Joseph Choucair

CST Holding

Auditor UHY Andy Bryan & Co. - Elie Abboud

Lawyers

Mtre. Souheil El Jouni

Mtre. Elie El Murr