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Fransabank Group and The European Investment Bank (EIB) held on June 11th, 2014, a joint press conference to announce the signing of a EUR 45 million credit line to finance the investment projects of SMEs.

The initiative will help supporting the economic development of small and medium-sized companies in order to foster economic recovery and job creation in Lebanon. It will finance up to 50 % of the investment projects in the sectors of industry and agro-industry, health, education, high knowledge and services, with long-term and attractive conditions.