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European Bank for Reconstruction and Development boosts trade finance in Lebanon
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European Bank for Reconstruction and Development boosts trade finance in Lebanon

23 September 2019
Trade activities of Lebanese businesses will receive a boost from a trade finance limit of up to US$ 75 million to the country’s third-largest lender, Byblos Bank, by the European Bank for Reconstruction and Development (EBRD). The facility will help Byblos diversify its trade finance business, increase available limits and offer longer-term maturities to its customers. By joining the EBRD Trade Facilitation Programme (TFP), Byblos Bank will…

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