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Limassol-Based Cedar Rose Wins Prestigious Credit Award

Limassol-Based Cedar Rose Wins Prestigious Credit Award

Cypriot company Cedar Rose International, whose headquarters have been based in Limassol since 2007, were awarded Credit Information Provider of the Year - Commercial Credit at a prestigious awards ceremony in London’s Grosvenor Hotel on 16th May, 2019.

The event, Credit Awards 2019 sponsored by Experian, recognised the best in the Credit industry from around the world. Cedar Rose was represented at the event by Cynthia Gebeily CICP, Head of Credit Reporting, who manages the company’s research and development centre in Beirut, Lebanon. The award was presented to Gebeily by British TV personality Jimmy Carr and Jonathan Baum, Chief Credit Officer of Lloyds Banking Group at a lavish gala dinner ceremony held in the ballroom where Queen Elizabeth II learned to ice skate.

The organisers of the awards, Credit Strategy, were celebrating the 20th anniversary of the industry’s most respected awards programme. According to Credit Strategy, a Credit Award is a symbol of achievement and a veritable endorsement of success as judged by an independent judging panel, all hand selected titans of the industry, who have continuously and relentlessly worked to ensure that each decision is fair and impartial.

Managing Director, Christina Massaad, said “We are delighted and honoured to receive the award for Credit Information Provider of the Year – Commercial Credit, especially against such tough competition. Our teams in Cyprus and Lebanon work really hard throughout the year to offer the best quality credit reporting and due diligence services and they truly deserve this recognition of their efforts. I am very proud of everyone at Cedar Rose and it means a lot to know that a company based in Cyprus and Lebanon was judged to be the best in the industry by such a well-respected panel of judges in the United Kingdom.”

Cedar Rose was initially established in the UK in 1997 and is owned by Lebanese businessman, Antoun Massaad who is very well-known in his adopted home city of Limassol, and his British wife Christina. In 2004 the company set up offices in Lebanon and following the 2006 war in Lebanon when the couple fled with their family to Cyprus, the Limassol headquarters were established. The business intelligence company has been winning awards since 1998, and last year Cedar Rose was the Cyprus National winner in the Digital Technology category of the European Business Awards. What differentiates Cedar Rose from other Credit Information providers is their use of the latest technology to translate, standardise and analyse data from the most difficult to reach countries, their strong and highly qualified research and analysis team who add a manual overview to the reports provided; as well as their particular expertise in the Middle East and African regions. MENA is widely recognised as one of the most difficult regions to conduct business intelligence, though Cedar Rose has also been providing due diligence on people and companies for the MENA countries for more than 20 years. The company now provides global coverage for many of their services.

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