| 19 June 2024, Wednesday |

Housing Bank’s Habib briefs Finance Minister on approval to amend housing loan agreement

Antoine Habib, General Director of Housing Bank, paid a visit to Caretaker Minister of Finance Youssef Khalil and informed him on the bank’s state and activities, as well as future projects, particularly the amount of housing loans.

During the meeting, Habib handed Khalil a copy of the document that Nabil Al-Jisr, Chairman of the Council for Development and Reconstruction, had submitted to Mr. Badr Mohammad Al-Saad, General Director of the Arab Fund for Economic and Social Development.

The document confirms the Lebanese Council of Ministers’ approval to amend the housing loan agreement between the Lebanese Central Bank and the Housing Bank – for the implementation of the second phase of the housing project in Lebanon – which is financed by a loan provided by the Arab Fund for Economic and Social Development.

For his part, Minister Khalil expressed his “support for any step taken by the Housing Bank that helps people with limited and middle income amid these difficult circumstances,” hoping the project will be “put it on the path of implementation as soon as possible.”


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