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Fransabank CL II

Sector: Residential • Location: Lebanon

Source: International Finance Corporation (IFC)

Project
Active

The proposed project consists of providing up to US$ 30 million of long-term Sustainable Energy Financing (“SEF”) to Fransabank S.A.L. (“the Bank”), a systemic bank in Lebanon. The project will be dedicated to providing the Bank with the needed long-term financing to build a SEF loan portfolio. The Facility will be used for financing investments in projects that will result in an increase of ener

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Project Information

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The project “Fransabank CL II” 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

active

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Email

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Description

Description

The proposed project consists of providing up to US$ 30 million of long-term Sustainable Energy Financing (“SEF”) to Fransabank S.A.L. (“the Bank”), a systemic bank in Lebanon. The project will be dedicated to providing the Bank with the needed long-term financing to build a SEF loan portfolio. The Facility will be used for financing investments in projects that will result in an increase of energy efficiency or generation of renewable energy in Lebanon. The project includes an Advisory Services Program designed to help the Bank develop a strategy and products to effectively expand SEF lending in Lebanon.IFC is considering supporting the project with financing from the Canada Climate Change Program, a donor-funded facility for climate change friendly projects.

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Original Currency

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Original budget

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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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