Release date: 4 April 2014
Promoter – Financial Intermediary
Byblos Bank SALFransabank SAL
Location
Description
Facility to selected Lebanese private banks for the purpose of financing small and medium sized projects in productive sectors in Lebanon
Objectives
Financing of small/medium projects carried out by small and medium sized enterprises with up to 500 employees.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 11/06/2014
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).