BDL Subsidized Loans
BDL supports a wide range of loan products for the following purposes: the support of existing projects, entrepreneurs; the production of works of art; environmentally friendly energy production; the support of existing businesses; the supply of parking and housing for various classes of state employees as well as the general public.
For details of these loans, please contact your local branch, who will assist you.
Key Features
- Repayment period of 7 years including a grace period of maximum 2 years
- Interest rate reviewed yearly: LBP: 6.84% USD: Libor 3 months + 7%
- Loan Currency: LBP/USD
Conditions
- Loan is eligible for Lebanese citizens.
- Must be less than 65 years old by the end of the loan period
- First mortgage of the property in favor of LSB.
- Proof of employment
- Monthly payment should not exceed 35% of the monthly income or 45% in case of other obligations
- Life and Disability insurance in favor of LSB
- Fire Insurance
- No file fees pertaining to Lebanese Swiss Bank
