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BLC SME RSF

Sector: Residential • Location: Lebanon

Source: International Finance Corporation (IFC)

Project
Active

The project consists of a risk sharing facility (“RSF”) to BLC Bank (“BLC” or the “Bank”) to support the Bank in expanding into the SME segment in Lebanon, with a focus on Small and Very Small Enterprises (VSEs) including Women-Owned Businesses (WBs), and develop targeted products for these clientele using a guarantee product to underpin credit risks.Established in 1950, BLC Bank is a commercial b

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Project Information

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The project “BLC SME RSF” is an infrastructure initiative in the Residential sector, located in Lebanon. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The project consists of a risk sharing facility (“RSF”) to BLC Bank (“BLC” or the “Bank”) to support the Bank in expanding into the SME segment in Lebanon, with a focus on Small and Very Small Enterprises (VSEs) including Women-Owned Businesses (WBs), and develop targeted products for these clientele using a guarantee product to underpin credit risks.Established in 1950, BLC Bank is a commercial bank in Lebanon headquartered in Beirut. The Bank offers a wide range of financial products and services to corporate, retail, and SME segments through a well-established and growing network of 41 branches across Lebanon, a representative office in Abu Dhabi, UAE and 14 branches in Cyprus through its wholly owned subsidiary USB Bank plc.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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