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Credit Libanais

Sector: Residential • Location: Lebanon

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_Credit Libanais SAL (the Bank) was incorporated in 1961 as a Lebanese Joint Stock Company and is subject to regulations and supervision by the Central Bank. The Bank’s head office is located in Sofil Center – Beirut Lebanon.With 56 branches in Lebanon and one international banking unit in Limassol - Cyprus, the Bank provides a full range of banking services including retail, corporate, trad

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The project “Credit Libanais” 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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Status

Original status

completed

Taiyo status

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Taiyo last update

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Contact

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Description

Description

_x000C_Credit Libanais SAL (the Bank) was incorporated in 1961 as a Lebanese Joint Stock Company and is subject to regulations and supervision by the Central Bank. The Bank’s head office is located in Sofil Center – Beirut Lebanon.With 56 branches in Lebanon and one international banking unit in Limassol - Cyprus, the Bank provides a full range of banking services including retail, corporate, trade finance services, capital markets services, and investment banking. The purpose of this project is to increase access to finance to private sector companies and individuals who were adversely affected directly and indirectly as result of the conflict suffered Lebanon. The project is part of the Lebanon Rebuild Program involving up to 5 banks for a total of $200 million to be mobilized support to private sector enterprises affected by the conflict. Along with the Credit Lines in total amount of $100-$125 million to support corporate clients the Program also offers a SME Risk Sharing Facility in a total amount of $75-$100 million.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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