LEBANON PRIVATE SECTOR RESILIENCE FACILITY

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S),BYBLOS BANK SAL,CEDRUS INVEST BANK SAL,IBL BANK SAL,LEBANON AND GULF BANK SAL,SARADAR BANK SAL

Lieu

• Liban

Description

The operation proposed will provide funding to small and medium-sized enterprises (SMEs) and mid-caps through credit lines to local financial intermediaries, including second tier banks. The operation will support economic resilience of the Lebanese economy in the context of the refugee crisis, with a particular focus on employment creation.

Objectifs

The project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Lebanon.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 415 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards.

Passation des marchés

The Bank will require the intermediary institution to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with EIB Guide to Procurement.

Statut

Signé - 12/12/2018