LGB Kafalat Basic Loans

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LGB Kafalat Basic Loans
Kafalat Basic Loans: Proposed to productive projects in tourism, agriculture, industry, traditional crafts and high technology.

Loan's Characteristics:
- Maximum amount: LBP 300 million
- Maximum repayment period: 7 years
- Grace period: 6 to 12 months (inclusive loan period)
- Kafalat plus guarantee: 75% of the loan value granted by the Bank
- Applicable rate:40% of 1 year Treasury bills and 3.3% (subsidized by the Central Bank adding up to 4.5%)

Kafalat Basic Loans is available at all Lebanon and Gulf Bank LGB branches across Lebanon.
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