BDL Subsidized Loan

Whether you are looking to finance a new project or expand your existing project, the BDL Subsidized Loan is the right choice.
It provides financing mainly for Agriculture, Industry and Tourism sector. The total value of a subsidized loan granted to a single institution must not exceed LBP 15 billion, or its equivalent in USD or EUR.

Characteristics:
  • 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)
  • Economic Sector:
    • 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
  • Grace Period: 0 - 2 years
  • Interest:
    • LBP: 2Y Treasury bills + 1.075% - subsidy rate 4.5% =>Actual Effective Rate = 2.4%p.a. (Sep. 2016)
    • USD (or EUR): Libor 3M + 7.075%- subsidy rate 4.5% =>Actual Effective Rate = 3.4%p.a. (Sep. 2016)
    • Interest to be reviewed quarterly