BDL Subsidized Loans

Perfect for businesses engaged in agriculture, industry and tourism.

IBL Bank has partnered with BDL to bring you the BDL Subsidized Loan which is a great choice if your business is in agriculture, industry, tourism or other specific sectors and you want to finance a new project or expand your existing project. Ideal for businesses in Lebanon.

Highlights:
  • Loan Amount:
    • Starting LBP 50,000,000 (or its equivalent in USD and EUR)
    • Not Exceeding LBP 15,000,000,000 (or its equivalent in USD and EUR)
  • Sectors Covered:
    • Tourism
    • Agriculture and handicrafts
    • Information Technology equipment
    • Design programs and specialized technology
    • Industry
  • Tenor:
    • 5 - 7 years
    • 15% max repayment of the principal during the first 2 years
    • 2 years including 1 year grace period if taken for Working Capital needs only.
  • Grace Period: 0 - 2 years
  • Interest:
    • LBP: 2 Year TB + 1% → Actual Effective Rate = 2.34 (Feb 2018)
    • USD: Libor 3M + 7%→ Actual Effective Rate= 4.28 p.a. (Feb 2018);
    • EUR: Euribor 3M +7%→ Actual Effective Rate= 2.12 p.a. (Feb 2018);
    • Interest rate is reviewed quarterly