Overdraft Facilities

Don’t let anything slow you down. Keep dreaming. Keep growing.

IBL Bank’s overdraft facilities help your business cover daily cash flow shortages and can finance up to 70% of your working capital needs. Our overdraft facility conditions are tailored to your working capital and credit score. Ideal for businesses in Lebanon, Iraq and Cyprus.

Highlights:
  • Overdraft Amount: No specific limit
  • Sectors Covered: Open to all commercial sectors
  • Currency: LBP, USD and EUR (facilities in other currencies can be granted upon IBL's approval)
  • Tenor: One year/Evergreen facility
  • Collateral: Case by case
  • Interest Rate: Variable interest rate. The rate is set according to market conditions and the credit score

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