European Bank launches SME advisory program. EBRD seeking to buy private equity mainly in renewable energy

The European Bank for Reconstruction and Development (EBRD) has launched the 'Advice for Small Business Program for Lebanon'.

"We already have our first client, a dairy company producing cheese, in Northern Lebanon," said Janet Heckman, EBRD's Managing Director for the Southern and Eastern Mediterranean Region.

The program targets small and medium-sized enterprises (SMEs), which comprise about 90 percent of the business activity in the local private sector, she said.

The mu...

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