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

  • Date: 29-Sep-2023
  • Source: National News Agency - Lebanon
  • Sector:Real Estate
  • Country:Lebanon
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Housing Bank’s Habib briefs Finance Minister on Council of Ministers’ approval to amend housing loan agreement

NNA - The Housing Bankrsquo;s General Director, Antoine Habib, on Friday visited Caretaker Minister of Finance, Youssef Khalil, who briefed him on the bankrsquo;s status and activities, as well as on future projects, especially on the level of housing loans.nbsp; During the meeting, Habib handed Khalil a copy of the document that the Chairman of the Council for Development and Reconstruction, Nabil Al-Jisr, had submitted to the General Director of the Arab Fund for Economic and Social Development, Mr. Badr Mohammad Al-Saad.nbsp; The document confirms the Lebanese Council of Ministersrsquo; approval to amend the housing loan agreement between the Lebanese Central Bank and the Housing Bank mdash; for the implementation of the second phase of the housing project in Lebanon mdash; which is financed by a loan provided by the Arab Fund for Economic and Social Development. For his part, Minister Khalil expressed his ldquo;support for any step taken by the Housing Bank that helps people with limited and middle income amid these difficult circumstances,rdquo; hoping the project will be ldquo;put it on the path of implementation as soon as possible.rdquo; nbsp; nbsp; ==================R.H.