Banque de l'Habitat, a housing loans specialist, has announced it has lowered its interest rates from five to three percent. Beneficiaries include loan applications that were accepted starting January 1, 2017.
Joseph Sassine, Chairman of the bank, said: "The objective is to provide low-to-middle income expats with better access to housing financing."
Sassine said that because of the low-interest facilities provided by the Central Bank (BDL), the bank's profit margins have risen, e...
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