EIB Lends Lebanon EUR30Mn
The European Investment Bank (EIB) announced on 12 January that it had agreed to lend Lebanon EUR30mn ($34.6mn) for the renovation of hotels outside Beirut. The funds will target private entrepreneurs and will be channeled through nine Lebanese commercial facilities comprising: Banque Audi, Banque Libano-Francaise, Banque Saradar, Byblos Bank, Credit Libanais, Fransabank, Societe Generale Libano-Europeenne de Banque, Banque de la...
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