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For your information

by Executive Editors

Lower rates for green hot water Lebanon’s banks began offering lowered rates on loans to finance the purchase of solar water heaters on December 15, as announced by Banque du Liban, Lebanon’s central bank, earlier in December. Lebanon’s Energy and Water Minister Gibran Bassil, President of the Association of Banks in Lebanon Joseph Torbey and committees from both organizations met on November 29 to discuss potential collaborations between the government and the banks regarding renewable energy initiatives. Torbey said after the meeting that the banks would be looking into financing other products in an effort to decrease electricity consumption, as current energy production does not meet demand.  Ja, das ist eine libanesische Bank… Deutsche Bank began coverage of both Bank Audi and BLOM Bank this month, offering an in-depth report on the health of the Lebanese banking sector. The German bank gave both Audi and BLOM “buy” recommendations, suggesting a

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