'Kafalat loan' trends

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1lebaneseswissbank.com
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Lebanese Swiss Bank with its operation in Lebanon was founded in 1962. In 1973, the bank was acquired by Credit Suisse, Zurich operating under the name of Credit Suisse (Moyen-Orient) S.A.L. Years later, in 1988 the bank’s shares were acquired by a group of Lebanese investors and businessmen and its name was changed to Lebanese Swiss Bank SAL

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