Tuesday 11, July 2017 by Georgina Enzer

Lebanon’s Byblos Bank will benefit from European Investment Bank Long-Term Funding

On 30 June, European Investment Bank (EIB, Aaa stable) Vice President Dario Scannapieco announced a euro 265 million line of credit for four Lebanese banks, with Byblos Bank (B2 negative, b21 ), the third-largest commercial bank by deposits, receiving around 40 per cent of the total credit line.

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