Articles

How commercial banks in Lebanon can help grow your business?

by Toufic Sabbagh leading Lebanese bank

If you are looking for ways to develop your business, availing the services of commercial banks in Lebanon seems to be a good idea. Regardless of whether you need financial support for your business or mortgage, you can seek services of these Lebanese banks. For your investment requirements too, you can resort to investment banking companies in Lebanon.

Essentially, commercial banks in Lebanon work in a different way than retail and investment banking companies in India. However, many giant commercial banks in Lebanon also work along the lines of investment banking companies and other Lebanese banks that offer retail banking services. In spite of this fact, commercial banks in Lebanon maintain its unique banking model. These Lebanese banks offer retail banking services to individuals and handle large investment loans just like investment banking companies.

Commercial banks in Lebanon support businesses of all sizes. Regardless of whether you run a small business or you are an entrepreneur, you can always turn to these Lebanese banks for financial support in the form of various loans. Being cornerstones of country's economy, these investment banking companies offer loans and other options to finance businesses to both individuals and businesses alike. So, these commercial banks in Lebanon are your best bets to get financial aid to help expand your business. Instead of sticking to just one of these Lebanese banks, you should rather compare different investment banking companies operating in the county and select the one with best offerings.

What types of loans are available with commercial banks in Lebanon?

Commercial banks in Lebanon provide a wide range of loans under various categories. These Lebanese banks carry out a plethora of commercial banking services which includes;

·         Corporate banking for small and medium business enterprises. These Lebanese banks offer term loans, subsidized loan and soft loans. Like investment banking companies, these commercial banks in Lebanon also offers syndicated loans.

·         These Lebanese banks also perform retail banking services and provide clients with several different types of accounts such as current account, savings account and full option account. Among the retail banking services, commercial banks in Lebanon also offers car and home loan and also come up with different credit card schemes.

·         These Lebanese banks also execute different types of Islamic banking services. Commercial banks in Lebanon perform fixed assets financing, house financing, retail financing services and also trade finance services as a part of its Islamic banking services.

·         Among the diversified offerings of commercial banks in Lebanon, insurance is one of them. These Lebanese banks provide life, motor and medical insurance for individuals. Among the commercial insurance products available with investment banking companies, include marine, credit and property insurance plans.

·         Commercial banks in Lebanon also offer e-banking services to facilitate its customers. These Lebanese banks offer miscellaneous services such as money transfer.

Depending on your business needs, you have to avail any of these services, when you settle with any of these Lebanese banks. To keep your transactions smooth and safe, you have to select one of the best commercial banks in Lebanon. By dealing with the best investment banking companies and getting the support you are looking for, you can surely help your business grow.

One of the best financing options offered by them is a secured loan. If you are purchasing property or looking for financing for property investment, a secured loan lets you pledge some sort of collateral as the security for the loan. An unsecured loan is a different type of loan that usually involves money being loaned to a borrower without collateral. This could be in the form of an overdraft or even a corporate bond. If you are looking for bridging finance or a hard money loan then you might consider applying to one of the commercial banks for an overdraft credit extension.

If you are in the property market and looking for property financing, applying through a commercial bank should be your first step. The current glut in the real estate market has made a large amount of bank-owned foreclosed properties available for purchase. Commercial banks will be able to assist you in financing a loan to help you buy a property or help restructure your current loan so that it works better for you and your business.


Sponsor Ads


About Toufic Sabbagh Freshman   leading Lebanese bank

6 connections, 0 recommendations, 33 honor points.
Joined APSense since, October 5th, 2017, From Beirut, Lebanon.

Created on Oct 6th 2017 00:37. Viewed 452 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.