Since 2017, housing loans in Lebanon have stopped, and so has the hope of the “ordinary” citizen, of course, with a ceiling to house him with his family. Today, the Housing Bank has returned to talk about reopening the door for lending to buy or build a house with a ceiling of one billion Syrian pounds, equivalent to 37 thousand dollars, according to the market price approximately today, and at an interest rate of 5% for a period of 30 years, knowing that this loan is directed to people with limited and medium incomes within countryside and suburbs.
On this subject, the Chairman of the Board of Directors and General Manager of the Housing Bank, Antoine Habib, joined us.