Translated version of this PSD: Arabic
The provision of a loan of USD 50 million to Societe Generale de Banque au Liban ("SGBL").
The loan will be used to on-lend to micro, small and medium-sized enterprises ("MSMEs") in Lebanon.
The EBRD loan will increase the availability of finance to micro, small and medium businesses in Lebanon, allowing greater access to finance for this largely underserved segment.
SOCIETE GENERALE DE BANQUE AU LIBAN
SGBL is the 5th largest bank in Lebanon with total consolidated assets of USD 21 billion as of December 2017.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI (ESP 2014). SGBL will be required to comply with the Bank's Performance Requirements 2, 4 and 9 and implement the EBRD's Environmental and Social Risk Management Procedures for SME and Micro Loans. The bank will also be required to submit Annual Environmental and Social Reports to the EBRD by completing the EBRD's FI Sustainability Index.
Company Contact Information
Mrs Mona Mroue
Saloumeh Roundabout, Dekwaneh, SGBL building Beirut - Lebanon
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP