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.
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.
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.
Credorax Bank Limited is headquartered in Valletta.