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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

Month

July 2017

BDL to raise ceiling for industrial export soft loans. Conditions to ease in a bid to benefit SMEs

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The Central Bank (BDL) will raise the ceiling of soft loans provided by banks to finance the working capital of industrial exporters to $3 million from $2 million, according to Wael Hamdan, Director of BDL’s Financing Unit.

The decision is an….
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Banks get to open more branches per year. BDL Circular aims to expand financial inclusion

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The Central Bank (BDL) will allow banks to increase the number of branches to three per year, up from two currently, provided that at least one of the new branches uses modern technology, according to BDL’s intermediate circular 467.

BDL said….
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