Housing Bank loans to reach $100 million in 2018. The bank exceeded its quota, provided its own subsidies

The value of loans granted by Banque de l'Habitat (the Housing Bank) in 2018 is likely to reach LL155 billion ($103 million), said Joseph Sassine Chairman of the bank.

"The Central Bank (BDL) has subsidized the interest rates of LL50 billion ($33 million) of these loans, which is our annual quota, and will subsidize next year another LL63 billion ($42 million) of the loans granted in 2018," Sassine said. The remainder of the loans provided in 2018, amounting to LL42 billion ($28 million) ...

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