Special Services to Corporations
Bank of Beirut offers a wide range of commercial banking services and products to small, medium and large businesses. The lending products provided by the Bank include overdrafts, short-term advances, term loans, discounting of commercial bills and trade finance facilities, such as letters of credit, letters of guarantee and drafts.
Corporate loans are mainly granted on a short-term basis as overdrafts or short-term advances (maturities of less than one year) and are diversified across those economic sectors that the Bank's Credit Committee considers creditworthy.
The Corporate Banking Department's staff is located in the Bank's main head office and targets the commercial clients whose aggregate indebtedness with all the banks operating in Lebanon is in excess of LBP 3.75 billion (approximately USD 2.5 million) while the Middle Market Department is divided into regional business centers and targets all commercial clients whose aggregate debt with the banks in Lebanon is below the LBP 3.75 billion (USD 2.5 million).