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Byblos Bank and the AFD support 582 Lebanese students

February 21, 2012

In 2011, Byblos Bank and the Agence Française de Développement (AFD) teamed up to support 582 students from nine Lebanese universities. These students were able to benefit from university loans in Lebanese pounds amounting to 9 million Euros in the framework of the “University Loans Program” launched end of 2010 in partnership with the AFD. This program, which extends over three years, is funded by a credit line of 25 million Euros granted by the AFD to Byblos Bank in order to grant university loans with optimum conditions.

A press conference was held on Tuesday, 21 February 2012, at Byblos Bank Headquarters in Ashrafieh in order to reveal the 2011 results. Attending the conference were Mr. Denis Cassat, AFD Director in Lebanon, representatives from the French Embassy and the media, as well as bank managers.

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Byblos Bank S.A.L., Byblos Bank Headquarters, Elias Sarkis Ave., Ashrafieh, Beirut

List of Banks No.39, CRB:14150, BDL Authorization No. 11/231 Dated 14 May 2005

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