As part of its Sustainable Energy Finance Program, the International Finance Corporation (IFC), a member of the World Bank Group, with the support of the Government of Canada, extended a $7M loan to the ... read more
Fransabank increased its capital from $301.49M to $308.46M by issuing 525,000 new preferred shares series E Issue 2015 with nominal value of $13.27 per share (or LP 20,000). The capital increase came in ... read more
Despite the tough economic and political challenges that Lebanon has been facing since 2011, the banking sector stayed hale and hearty, with assets exceeding 350% of GDP. The Alpha Group of Banks, the top ... read more
According to Midclear, Fransabank completed the redemption of 500,000 non-listed preferred “A” shares 2008 on July 15th after full payments were made to their shareholders. The redemption was approved by ... read more
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