CreditBank s.a.l.
 (01) 501600 / 501700
 (01) 501800 / 484866
Official List of Banks No 103 (1981). Commercial Registry No. 2003890 Baabda. Nationality: Lebanese. Capital: LBP 14,400,004,500, New Capital: LBP 48,505,678,000 / Date of increasing: 09/03/2006.

Balance Sheet as at 31/12/2007
ASSETS (In million of LBP) 2007 2006
1. Cash and Central Bank 226,011 191,175
2. Lebanese treasury bills and other government bills 198,434 238,712
3. Bonds and financial instruments with fixed income 867 4,027
4. Marketable securities and financial instruments with variable income 3,885 3,780
5. Banks and financial institutions 153,134 96,571
  Current accounts 56,491 23,915
  Time deposits 96,643 72,656
  Securities purchased under resale agreements - -
6. Head office, branches, parent company and foreign sister financial
    institutions and subsidiaries		 - -
  Current accounts - -
  Time deposits - -
7. Loans and advances to customers 514,318 418,673
  Commercial loans 298,008 245,028
  Other loans to customers - -
  Overdraft accounts 195,956 155,955
  Net debtor accounts against creditor accounts and cash collateral 0 9
  Loans and advances to related parties (article 152 of CMC) 14,428 14,098
  Doubtful loans 5,926 3,583
8. Bank acceptances 14,135 8,161
9. Investments in loans to related parties 24 23
10. Investments in related parties under equity method - -
  Non-financial - -
  Financial - -
11. Tangible fixed assets (including revaluation variance) 30,456 30,385
12. Intangible fixed assets - -
13. Other assets 74 75
14. Regularization accounts and miscellaneous debtor accounts 2,406 1,914
15. Revaluation variance of other fixed assets 486 486
16. Goodwill - -
TOTAL ASSETS ** 1,144,230 993,982
       
** After deduction of:    
  Provisions of doubtful debts 6,373 7,269
  Unrealised interest 13,899 48,958
** Of which substandard loans 16,569 17,633
** Of which unrealised interest on those loans 7,675 5,498
       
CONTRA ACCOUNTS (In million of LBP) 2007 2006
17. Financing engagements received from financial intermediaries - -
18. Engagements by signature received from financial intermediaries 11,862 9,220
19. Securities sold under repurchase agreements - -
20. Other engagements received 1,003,338 1,017,547
21. Bad debts written off 4,853 4,704
       
LIABILITIES (In million of LBP) 2007 2006
1. Central Bank 23,000 23,000
2. Banks and financial institutions 41,302 41,721
  Current accounts 7,435 1,658
  Time deposits 33,867 40,063
  Securities sold under repurchase agreements - -
3. Head office, branches, parent company and foreign sister financial
    institutions and subsidiaries		 - -
  Current accounts - -
  Time deposits - -
4. Deposits from customers 955,413 825,649
  Sight deposits 62,011 51,666
  Time deposits 214,809 199,438
  Saving accounts 591,694 498,033
  Net creditor accounts against debtor accounts and cash collateral 69,012 56,965
  Related parties accounts 17,887 19,547
5. Engagements by acceptances 14,135 8,160
6. Liabilities under financial instruments - -
  Certificates of deposits - -
  Debenture bonds - -
  Other liabilities under financial instruments - -
7. Other liabilities 14,184 11,504
8. Regularization accounts and miscellaneous creditor accounts 2,788 1,842
9. Provisions for risks and charges 1,981 1,757
10. Subordinated loans (or notes) - -
11. Revaluation variance accepted as supplementary capital - -
12. Share capital and cash contribution 59,360 57,551
13. Reserves for general banking risks 5,049 3,773
14. Reserves and premiums 10,140 4,356
15. Balance carried forward - -
16. Net income 9,203 7,064
17. Cumulative changes in fair value 230 160
18. Revaluation variance of fixed assets 7,445 7,445
TOTAL LIABILITIES 1,144,230 993,982
       
CONTRA ACCOUNTS (In million of LBP) 2007 2006
19. Financing engagements issued - -
  To financial intermediaries - -
  To customers - -
20. Engagements by signature issued 129,271 68,043
  To fianancial intermediaries 64,514 13,760
  To customers 64,757 54,283
21. Securities purchased under resale agreements - -
22. Other engagements issued - -
23. Engagements on term financial instruments - -
24. Fiduciary accounts and funds under management 6,051 6,317
  Fiduciary accounts 6,051 6,317