Banking Loans leverage the Country's Economy


Banking is not only about doing business. It is about improving the economy by financing promising projects hence creating benefits by providing more employment opportunities and pushing forward the wheel of economy in the country.
Banks provide facilities such as housing loans, education loans and other types of loans to people by which they can achieve their dreams and even realize the supplies which also play a fundamental part in pushing the economy forward.
There are many ways BBAC bank plays an essential role in influencing the economy. It is the incorporation of a bank which is very strong and which constitutes a strong pillar of the financial market. One of the Major roles BBAC plays is being a financial intercessor lending to those who suffer shortage of money, supporting their developments. BBAC also provides financial consultancy for individuals and business projects. This allows people to enrich various businesses by providing them with a pool of money to borrow for their entrepreneurial endeavors.
Basically, banks help the economy by allowing money to flow easily and BBAC is a good example of how a bank can have a positive effect in that area. For instance, the Lebanese real estate and housing sector have known a decent growth and stability over years which wouldn’t have happened without the local bank community.
"BBAC bank is here to help you have a presence in your market and create new ideas giving business owners advices through investment strategies" says Mr. Ghassan Assaf, Chairman General Manager.

About BBAC

Ever since it was recognized, Bank of Beirut and the Arab countries BBAC has been offering a wide range of services since 1956, flowing through its broad network worldwide. The bank runs a full range of funding and commercial services to individuals and businesses that include Corporate and Commercial Banking, Trade Finance, Retail Banking, Private Banking, Treasury and Capital Markets and Bancassurance.



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