No. 13/14

25-December-1995/1 January 1996


IFC To Lend Lebanese Banks $100Mn For Housing Schemes

A delegation from the International Finance Corporation (IFC), the private sector affiliate of the World Bank, has left Beirut after holding meetings with bankers and officials from the Ministry of Finance to examine the feasibility of the IFC's lending up to $100mn to the Lebanese banking sector. The Arabic daily Asharq al-Awsat quotes sources close to the delegation as...