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Lebanese exporters to get $15-million boost.

Summary: BEIRUT: A $15 million line of credit agreement was concluded on Wednesday between Banque Libano-Francaise (BLF), represented by its CEO, Farid Raphael, and the Arab Trade Financing Program (ATFP) represented by its CEO Jassim al-Mannai. The line of credit aims to promote Lebanon's foreign trade and support Lebanese exporters through

BEIRUT: A $15 million line of credit agreement was concluded on Wednesday between Banque Libano-Francaise (BLF), represented by its CEO, Farid Raphael, and the Arab Trade Financing Program (ATFP) represented by its CEO Jassim al-Mannai. The line of credit aims to promote Lebanon's foreign trade and support Lebanese exporters through financing facilities, so as to assist in the country's development process and economic growth. BLF is a leading bank in financing the Lebanese private sector as well as the country's main corporate companies. Furthermore, BLF offers a variety of loans to SMEs through its large range of Kafalat programs and subsidized loans, in addition to the European Investment Bank long-term loans. a" The Daily Star

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Publication:The Daily Star (Beirut, Lebanon)
Date:May 21, 2010
Words:183
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