Lebanon’s Audi Bank signs $75mn trade finance line with EBRD

Shoaib Ur Rehman December 12, 2018

BEIRUT: Lebanon’s Bank Audi has signed a $75 million trade finance line with the European Bank for Reconstruction and Development (EBRD) to facilitate foreign trade, it said in an emailed statement on Wednesday.

In November, Lebanon’s largest lender signed a $100 million loan with EBRD, a multilateral development bank, to support investment in environmental technology.

Copyright Reuters, 2018
 

 

 

 

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