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TunisiaThe European Bank for Reconstruction and Development fosters international trade in Lebanon
December 17, 2018
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The European Bank for Reconstruction and Development (EBRD) is fostering international trade in Lebanon by providing a US$ 75 million trade finance line to BLOM BANK SAL, one of the largest banks in Lebanon and a leading regional bank.
Under this facility, which is part of the EBRD’s Trade Facilitation Programme (TFP), the EBRD’s guarantees and funding will complement BLOM BANK’s capacity to offer trade financing to both its importing and exporting clients in emerging markets, by providing risk mitigation for trade transactions.
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Countries covered:
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Lebanon
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