Credorax Bank Limited

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Business Focus
merchant banking

Credorax Bank Limited was estblished in Malta in 2007. Credorax Bank Limited is focused on providing integrated acquiring and payment processing services to merchants within the EU and two other EEC States, and is also a principal level member with Visa (Europe), MasterCard and Union Pay.

Services

merchant payment processing
integrated acquiring
payment processing

Clients

merchants within the EU
digital gaming providers
online travel agencies

Area Served

MTMalta
Europe
DEGermany

Products

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Financials

Total Assets of Credorax Bank Limited
Profit_before_taxes of Credorax Bank Limited
Market Share of Credorax Bank Limited
Total Assets (2018)
110.00 mln EUR  (-19.12%)
Profit before Taxes (2018)
15.44 mln EUR  (+356.80%)
Number of Employees (2015)
82  (+17.14%)

Credorax Bank Limited is the 16th largest bank in Malta in terms of total assets. In 2018 its total assets were 110,00 mln EUR, providing the bank with the market share of 0.39%. In 2018 the bank's profit before taxes was 15,44 mln EUR. Credorax Bank Limited had 82 employees in 2015.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Depositor Compensation Scheme (DCS)
Covered Depositors
natural persons (Maltese and foreign)
legal entities (Maltese and foreign)
Covered Accounts
most types of deposits

Credorax Bank Limited participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. Credorax Bank Limited is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Contacts

80, Palazzo Homedes, Strait Street, Valletta, Malta

Credorax Bank Limited is headquartered in Valletta.

Social Networks

Credorax Bank Limited has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
CRXBMTMTXXX
LEI
213800181YOLRJFDJF94
MFI ID
MTCICRED

Bank History

Start Date
June 2015

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See Also

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