The investments made by the European Bank for Reconstruction and Development (EBRD) will reach more than $100 million in its first year of operation in Lebanon, according to Alain Pilloux, EBRD's Vice President for Banking. The bank plans to double this amount next year and has ambitious plans for the future as there is no upper limit for its investment, Pilloux said.
Locally, EBRD has so far invested $75 million.
The multilateral bank plans to finance projects in the energy secto...
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