In line with its commitment to support economic development in Lebanon, BBAC s.a.l. (Bank of Beirut and the Arab Countries) held a seminar on subsidized loans-‘Kafalat’ at Valley View Hotel in Hammana in the presence of the heads of BBAC branches in the region and prominent figures in Hammana and surrounding areas.

The seminar was delivered by Mr. Ayman Fatayri, Head of Subsidized Loans and Kafalat Unit at BBAC, Mrs. Yolla Sarieddine, Head of Loans Unit at Kafalat s.a.l., and Mr. Nadim Hamadeh, Head of Credit Department at BBAC, who highlighted the benefits of Kafalat and explained in details the loan’s terms and conditions.

It is noteworthy to mention that BBAC Kafalat loan is offered to those who want to pursue new projects or enhance existing small and medium sized enterprises active in the industry, agriculture, tourism, traditional crafts and high technology sectors.