Flying to the bank

ENAR

Just in time for the peak travel season, Banque Libano Francaise (BLF) yesterday launched a cobranded credit card in an exclusive partnership with Air France-KLM. The European airline group is the first to partner with a local Lebanese bank, with clients automatically getting air miles when they use the card. BLF said they perceived the group’s decision as a show of confidence both in the bank and the Lebanese economy. “It is an important step for the economy and the banking sector in Lebanon knowing that is the fifth country worldwide chosen by Air France-KLM for a cobranded card,” said Raya Nahas, Deputy General Manager at BLF. “It shows faith in the banking sector as such an international company of course did its due diligence before associating its name with a local bank…It will push the economy to be more electronic in payment,” Nahas said, adding that BLF was the