Middle East Economic Survey

VOL. LIII

No 19

10-May-2010

LEBANON

IFC Announces Partnership With Lebanons BLC Bank To Expand Trade Finance

International Finance Corporation (IFC), the public sector unit of the World Bank, announced on 28 April that it will partner Lebanons BLC Bank in increasing trade finance for businesses in Lebanon, expanding economic activity in the region. Under the partnership, BLC will become an issuing bank as part of the IFC Global Trade Finance Program, which supports...