PRIVATE SECTOR FACILITIES IV

Promoter – Financial Intermediary

Byblos Bank SAL
Fransabank SAL

Location

• Lebanon

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)

• Credit lines

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