Search

Lebanon Finance News

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

Tag

IFC

IFC to invest in Bank Audi Turkey. Capital increase of $342 million will include EBRD and other investors

Odea-Bank-2.jpg

Odea Bank in Turkey, a subsidiary of the Bank Audi Group, said it will increase its capital by one billion Turkish lira ($342.6 million) through subscriptions from new shareholders and its mother company. The bank had $471 million in equity at the e….
Article details

Advertisements

IFC extends loan to Fransabank arm. To provide more environment friendly loans

energygreen2.jpg

International Finance Corporation, member of the World Bank, signed a $7 million loan agreement with Fransabank subsidiary, the Lebanese Leasing Company (LLC).

The loan, supported by the Canadian Government, will be used in energy efficiency ….
Article details

Blog at WordPress.com.

Up ↑