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In order to help Lebanese investors in different sectors and promote the economy of the country, BLC Bank, in association with the Central Bank of Lebanon, grants a discount on the debit interests of the medium term loans issued to Lebanese investors.
This discount applies to many sectors, namely touristic, industrial and agricultural sectors, the handicrafts sector as well as the sector of production of computer technology and the dependant services.
Settled quarterly at the rate of 7% on the first bracket (up to the equivalent of LBP 5 billion) and at the rate of 5% on the second bracket (the equivalent of LBP 5 to 15 billion) the discount alleviates the budget of the investor by discharging you from the burden that may be caused by the debit interests to your treasury.
The preliminary conditions to solicit the Central Bank of Lebanon for an interest subsidy are simple loans, in all currencies, of a maximum duration of 7 years, aiming to finance the projects of the aforementioned sectors and of where the reimbursements during the first two years do not exceed 15% of the initial loan amount.