With both purpose-built products and teams of Relationship Managers specialized in engineering issues, Byblos Bank provides world-class service to the Contracting and Real Estate industry. Thanks to our far-reaching experience, we can also offer expert advice on subjects ranging from market conditions to development regulations.
Products and services
- Bid bonds
- Performance bonds
- Advanced payment bonds
- Retention bonds
- Overdraft facilities
- Letters of credit
- Letters of guarantee
- Advisory services
- Progress payment facilities
- Mobilization and equipment acquisition facilities
- Medium-term facilities for equipment acquisition
- Possibility of housing loans and/or other retail products for potential buyers
Eligibility
- Byblos Bank's Contracting and Real Estate program is designed for local Lebanese entrepreneurs and contractors, international entities involved in the national reconstruction effort (directly or through local joint ventures), and real estate promoters and developers, as well as architecture and engineering firms.
- Any interested party should have a successful track record of executing similar projects (particularly in Lebanon), dedicated and experienced management and engineering teams, and a sound financial situation. It should also demonstrate a strong commitment on the part of the principals.
- Given the diversity of projects already under way in the industry, each request for financing will be analyzed on its own merits and associated risks.
- The Bank reserves itself the right to request any additional guarantees when necessary.