The final step to transform local financial company Lucid Investments into a licensed bank has been approved by the Central Bank (BDL). The corporation will now operate under the name of Lucid Investment Bank. The specialized bank has increased its capital to LL30 billion ($20 million). The approval follows BDL's keenness for a widening of funding solutions beyond the usual classic credit facilities provided by commercial banks.
Established in 2003, Lucid will continue its core business ...
Article details
No comments:
Post a Comment