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Byblos Bank: A Lebanese bank seeking to conquer the Arab world and Sub-Saharan Africa

Project

city view of Beirut, Lebanon
© FLICKR : Dominic Chavez/World Bank
Signature date
Location
Lebanon
Financing tool
Financing amount (Euro)
22451728
Financing details
Equity investment of USD 29,9m
Customer
BYBLOS BANK SAL
Type of customer
Company
Project number
PLB1012

Proparco is becoming a shareholder of Byblos Bank to support the Lebanese bank’s development in Sub-Saharan Africa. This support is more generally contributing to the development of banking sectors and local economic dynamism.