International Finance Corporation, member of the World Bank, signed a $7 million loan agreement with Fransabank subsidiary, the Lebanese Leasing Company (LLC).
The loan, supported by the Canadian Government, will be used in energy efficiency and alternative energy projects.
Adel Kassar, Chairman of LLC, said: "This investment will help us increase our support to small enterprises looking to invest in clean energy."
This is the third loan given by the IFC to Fransabank as par...
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