devinitorg/iati-policy-markers huggingface dataset:
Fransabank CL II The proposed project consists of providing up to US$ 30 million of long-term Sustainable Energy Financing (SEF) to Fransabank S.A.L. (the Bank), a systemic bank in Lebanon.   The project will be dedicated to providing the Bank with the needed long-term financing to build a SEF loan portfolio.  The Facility will be used for financing investments in projects that will result in an increase of energy efficiency or generation of renewable energy in Lebanon.  The project includes an Advisory Services Program designed to help the Bank develop a strategy and products to effectively expand SEF lending in Lebanon.  IFC is considering supporting the project with financing from the Canada Climate Change Program, a donor-funded facility for climate change friendly projects. The project development impact is expected to be high. The project will generate a number of environmental and economic benefits related to the development of sustainable energy finance and related investments. Specifically, the project would:  1. Develop sustainable energy investment across all industries. 2. Improve the competitiveness of both Fransabank and the Lebanese economy, by increasing the number of sustainable energy end users and financers. 3. Improve local environment by reducing emissions of conventional pollutants,  global greenhouse gases and Lebanon''s dependence on fossil fuels.
SGBL SSL MCPP 0  0  0  0  0  0  0  0  0.0000       The Project (SGBL SSL MCPP) entails an IFC senior loan to Société Générale de Banque au   Liban   (SGBL or the Bank) to support its lending program to SMEs and climate change projects in Lebanon. At the discretion of the Bank, IFC will also provide the Bank with a USD interest rate swap to hedge the interest rate risk arising from this financing. The potential development impact of the Project is composed of the following:

The Project will help contribute towards increasing access to finance to SMEs, which represent the backbone of Lebanon's economy by contributingabout 40% of GDP, but remain underfunded.
Banque Audi SAL: Subordinated Debt Issue Summary Of Project Information (SPI)       Project Name    Lebanon-Banque Audi Sal: Subordinated Debt Issue              Region    Central Asia, Middle East and North Africa        Sector       Project No008678   Projected Board DateNovember 7, 1997   Company NameBanque Audi Sal   Technical Partner and/or Major Shareholders    	The Banks major shareholders are the Audi Group (22%)and Kuwaiti investors (36%).    Project Cost Including proposed IFC investment    	Total project Cost: US$75-100 million, including IFC A Loan investment of US$20.    Location of project and Description of site    	Lebanon    Description of Company and Purpose of Project    	The project involves assisting Banque Audi Sal (Audi, the Bank), an existing IFC client and a leading bank in Lebanon, in raising US$75-100 million of 10-year subordinated Eurobonds to increase its Tier II capital. This would be the first international subordinated bond offering in the Middle East. IFC would invest US$20 million and would thus provide support in ensuring that the issue is successful.    	The Eurobond issue, which would essentially double the equity base of Audi, would allow a leading commercial bank to play a more important role in the reconstruction of Lebanon and lead the expansion of the Lebanese financial sector.  IFC has a significant role in participating in this project due to its long-standing relationship with the sponsor and a shared commitment to strengthen the Lebanese financial sector.  The subordinated Eurobond issue is an important source of support for Audis capitalization efforts, and Audis management is keen on IFCs positive impact in its participation.  As an investor, IFC would provide support in ensuring that the issue is successful.  IFCs presence would help in attracting investors by sending a clear signal to international investors of IFCs confidence in the management of Audi.    Environmental Category and Issues    	This is a category C project according to IFCs environmental review procedure.  No further environmental review is required.       Date SPI sent to PIC     October 7, 1997      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
ADMIC Project ADMIC, Lebanons leading retailer, has been negatively affected by the repercussions of the war in Lebanon and the subsequent political conflict.  In that regard, ADMIC has requested up to $20 million IFC loan and equity/quasi equity financing to:   - complete its second BHV department store; and  - replace its expensive short term debt with more appropriate long term funding to enable its expansion. - Facilitating continued and additional employment:   The project will bring ADMIC to the stable operational level that it experienced before the war, thereby allowing it to continue employing its staff of over 1,000 during this disruptive political and economic period.  Moreover, the project will create additional direct employment with the opening of the second BHV store.    - Upgrading business practices:   The support of ADMICs retail operations during difficult times will have a catalytic effect on developing and improving the quality of other retailers as well as local suppliers and producers.  The example set by ADMIC will provide confidence to both retailers and shoppers, thereby facilitating a recovery of normal retail activity which has been hampered by recent political events in Lebanon.  - Providing consumers with a wide range of good quality merchandise at affordable prices:    ADMIC will continue to provide customers with increased selection of high quality goods. The increased selection will enhance consumers ability to use ADMIC stores as a one-stop shop which will result in time savings and better customer satisfaction.  - Promoting SME and private sector development:    ADMICs operations positively impact a wide range of suppliers to and sub-contractors within their business.  The project will facilitate expansion and improvement of supplier quality standards through ADMICs own high product quality requirements.
DCM-Fransa Green Bond 0  0  0  0  0  0  0  0  0.0000       The proposed project (the Project) invol  ves supporting Fransabank SAL (  the Bank), through the   purchase of up to US$ 75 million in   multiple issuances out of the Banks Green Bond Program (GBP) over a 2-year period  .     The GBP will be structured and issued   under local law  s     and   the Lebanese   Capital Market Authority regulations  . This will be the first   GBP   bank in Lebanon   and will   be issued in accordance with the Green Bond Principles, 2017.
FTML Services Cellulaire Liban Summary Of Project Information (SPI)       Project Name    Lebanon - FTML        Expansion of the companys cellular network in Lebanon.        Region    Central Asia, Middle East and North Africa      Sector   Project No007844   Projected Board DateDecember 10, 1996   Company NameFrance Telecom Mobiles Liban S.A.L.   Technical Partner and/or Major Shareholders    	France Telecom Mobiles International - 66.6%, the international cellular subsidiary of France Telecom, the main French telephone operator.    	Groupe Mikati - 33.3%, a Lebanese group involved in telecommunications.    Project Cost Including proposed IFC investment    	US$190 million project cost (over the 1996-98 period). IFC would provide for its own account a US$20 million senior A Loan, a US$10 million subordinated C Loan and would syndicate jointly with Societe Generale a US$70 million B Loan.    Location of project and Description of site    	Lebanon - countrywide cellular network.    Description of Company and Purpose of Project    	FTML was awarded one of two licenses to operate a cellular GSM network in Lebanon under a 10 year BOT contract in June 1994. During its initial two years of operations, the company experienced substantial market growth reaching a subscriber level of 95,000. FTML has embarked on an investment plan to improve quality of service, as the network has been strained by unusually high traffic patterns, and expand capacity to accommodate the fast growing demand for cellular services in Lebanon. Given its rapid growth, the companys self financing ability is insufficient, and hence it has asked IFC to help raise the external financing.    Environmental Category and Issues    	This is a category B project according to IFC''s environmental review procedure.  Environmental issues associated with this project include: right-of-way alignment, access road construction, tower site selection, PCBs, solid and liquid wastes disposal, halons, fire prevention and general employee safety.    The  is  November 8, 1996 from the Public Information Center.       Date SPI sent to PIC     November 1, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Lebanese Leasing Company SUMMARY OF PROJECT INFORMATION (SPI)     Country/Project Name	Lebanese Republic-Lebanese Leasing Company SAL    Region				Central Asia, Middle East and North Africa    Sector				Finance    Project No.			004779    Projected Board Date	May 25, 1995    Company Name			Lebanese Leasing Company    Technical Partner and/or Major Shareholders    	Technical Partner -	Ucabail (25%), the holding company of Crédit Agricole''s (France) leasing activities    	Local Sponsor - 	Fransabank SAL (45%)    Project Cost including proposed IFC investment    	US$27.5 million of which IFC''s equity investment is about US$750,000 equivalent and loan is US$7.5 million    Location of project and Description of site    	Beirut, Lebanese Republic    Description of Company and Purpose of Project    	The project involves the establishment of the first leasing company in Lebanon, addressing a fundamental need for medium to long-term financing through the provision of lease finance mainly to the productive sectors of the economy.  The project is being sponsored by Fransabank SAL (Fransabank), a leading Lebanese bank, in collaboration with UCABAIL, the leasing arm of Crédit Agricole of France.  The shareholding structure is expected to be as follows: Fransabank 45%, Ucabail 25%, IFC 15%, and a group of investors 15%.  With an estimated initial equity capitalization of US$5 million equivalent, IFC''s equity investment would be US$750,000 equivalent.  An important economic benefit of the project is its impact on employment: an estimated 4,000 jobs would be created by the leasing company.    Environmental Categories and Issues    	This is a Financial Intermediary (FI) category project.  For relevant operations, LLC will be required to implement an environmental risk management system to ensure that the operations of lessee companies comply with Government of Lebanon environmental, health and safety requirements as well as World Bank policies.     	   Date SPI sent to PIC		May 10, 1995    For additional Information contact:  Corporate Relations Unit - telephone (202) 473-7711 - facsimile: (202) 676-0365.     ...\lebleas\leasspi.not
Bank Audi Equity The proposed project consists of US$60 million equity investment in Bank Audi s.a.l, (the Bank).  IFCs investment is part of a wider capital increase by the Bank of US$300 million.  The Bank is the largest bank in Lebanon with presence in 13 countries offering a full range of products and services that cover commercial and corporate banking, retail and individual banking, on-line brokerage, private banking and investment banking.  The proposed project is aimed at strengthening the Banks capital base and funding the Banks expansion within and outside Lebanon. The expected development impact includes (i) increased South-South investment and regional integration; (ii) greater access to SME finance; (iii) private sector development and sharing of banking sector best practices in host countries/emerging markets; and (iv) promotion of environmental and social management systems
Man Holding MAN Holding SAL and Man Holding Limited (together, Man Holding or the Company), a leading integrated Engineering, Procurement and Construction (EPC) company in the Middle East region, is undertaking, through its subsidiaries, industrial, commercial and infrastructure projects in GCC, Middle East, North & Western Africa. IFC will provide a senior secured A-Loan of up to US$15.0 million to support the Company in growing its project backlog across the Middle East & Africa. The most significant, expected Project-level outcomes are (i) increased access to quality construction services for infrastructure and properties development in MEA and (ii) access to skills development for local employees and contract workers. Beyond the Project, IFC anticipates that the investment will promote competitiveness in the construction market through the adoption of new technologies and the introduction of higher quality standards, with demonstration potential.
MobiNetS Project MobiNetS Lebanon S.A.L. Offshore (MobiNetS or the Company) is a company specialized in providing professional services and software solutions to telecom operators and suppliers.  Its main product is a set of network planning optimization tools that enables mobile operators to optimize their networks, which can potentially result in substantial capital expenditures and operating expenditures savings. In todays environment, there is a rising need for operating efficiency in telecom operators as they experience a surge in data traffic volumes, combined with a downward pressure on tariffs and EBITDA margin, resulting from the increased competition. 

Created in 2003, MobiNetS is owned by its founder, Mr. Labib Shalak who is also the Chief Executive Officer (CEO). The Company is headquartered in Tripoli (Lebanon) and has 49 employees as of December 2010. 1. IFC's strategy includes a focus on under-served markets, such as Tripoli which is Lebanons 2nd largest city and is based in a Frontier Region. This will be IFCs first investment outside of Beirut, and will contribute to more balanced regional growth, which is essential to support greater social cohesion; 

2. Support development of high value addition in the ICT sector in Lebanon: figures released by the United Nations Conference on Trade and Development (UNCTAD) indicate that Lebanon is one of the largest exporters of Information and Technology (IT) services among the middle East and North Africa (MENA) region. Supporting companies like MobiNetS help demonstrate Lebanon's ability to produce world class ICT services;

3. Increase employment opportunities through companies like MobiNetS, which benefit local ICT professionals by creating high quality job opportunities and developing skills in the value-added ICT services sector. This investment can also help these businesses retain talent within Lebanon, increasing the country's chances of further economic prosperity; and

4. Support cost effective infrastructure services:  investing in a company like MobiNetS which contributes to reduce inefficiencies and generates cost savings, is fully in line with the World Bank Group's strategy in the ICT sector.
Bank of Beirut Lebanon Credit Line IV Summary Of Project Information (SPI)       Project Name    LEBANON-Credit Line to Medium Sized Banks            Region    Central Asia, Middle East and North Africa        Sector       Project No008030   Projected Board DateApril 17, 1997   Company NameBanque Saradar S.A.L., Transorient Bank S.A.L., Banque Beyrouth pour le Commerce S.A.L., and Bank of Beirut S.A.L.   Technical Partner and/or Major Shareholders    	None    Project Cost Including proposed IFC investment    	US$ 75 million    Location of project and Description of site    	Lebanon    Description of Company and Purpose of Project    	The project consists of long-term credit lines aggregating up to US$75 million (including up to US$30 million to be syndicated) to four Lebanese private sector commercial banks, for onlending to local small and medium-sized enterprises (SMSEs) in the private sector and to middle income families to finance the purchase of their first residence or the expansion of their existing one.  The project is central to IFCs strategy of supporting SMSEs, and also providing critical housing finance for middle income families.  The project will also allow the Borrowing Banks (BBs) to expand their operations while maintaining a matched assets and liability structure.    Environmental Category and Issues    	This is a Category (FI) project according to IFCs environmental procedure.  Each BB will be required to undertake an environmental review of each subproject.  In addition, IFC will assess each BBs capability to carry out  environmental reviews.       Date SPI sent to PIC     April 4, 1997      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
BLOM Bank s.a.l. BLOM Bank S.A.L (formerly Banque du Liban et dOutre Mer) was established in 1951, and is one of the oldest banks in Lebanon. Original core group of shareholders still holds the majority of shares.  BLOM Bank is the largest bank in Lebanon in terms of assets, customer deposits and capital funds.  It has a number of subsidiary banks and foreign branches, including BLOM Bank France (with overseas branches in London, Dubai, Sharjah and a wholly owned subsidiary in Switzerland) and Bank of Syria and Overseas. BLOM Lebanon operates a network of 47 branches in Lebanon, as well as 5 international branches  one in Syria, one in Cyprus, two in Jordan, and one in Damascus, and has a wholly owned subsidiary in Egypt (BLOM Bank Egypt). Furthermore, in Lebanon, the Groups holdings include AROPE Insurance Company, an investment bank BLOMINVEST Bank and BLOM Development Bank.  The Bank continues its policy of diversifying its services and developing corporate, retail and private banking, which are crucial elements within the Bank''s strategy.  The purpose of this project is to increase access to finance to private sector companies and individuals who were adversely affected directly and indirectly as result of the conflict suffered Lebanon.  The project is part of the Lebanon Rebuild Program involving up to 5 banks for a total of $200 million to be mobilized support to private sector enterprises affected by the conflict.  Along with the Credit Lines in total amount of $100-$125 million to support corporate clients, the Program also offers a SME Risk Management Facility in a total amount of $75-$100 million. - Maintain and/or increase bank lending  With the destruction and economic downturn in Lebanon, private banks may reduce their loan exposures at the expense of SMEs, corporations and consumers. Any such reduction would cause loss of jobs and increases in the poverty rates. The proposed IFC investment should help maintain and/or increase bank lending to these groups, maintaining the economic well being of the underlying communities/stakeholders.  - Support for the private sector lending including SMEs and corporate clients  SMEs and corporate clients make up a large share of Lebanons economic output and including vital contributions such as employment generation in impoverished area. Increased access to finance to these target markets can re-start these currently under funded enterprises.  - Housing Finance  The facility would support the lending for housing finance. It is expected that the banks will provide financing in the form of housing mortgages, which will broaden access to finance for consumers to make affordable home purchase in Lebanon.
Banque Saradar Equity Summary Of Project Information (SPI)       Project Name    Lebanon - Banque Saradar Equity            Region    Central Asia, Middle East and North Africa        Sector       Project No008999   Projected Board DateJune 15, 1998   Company NameBanque Saradar S.A.L.   Technical Partner and/or Major Shareholders    	Saradar Group    Project Cost Including proposed IFC investment    	USD 110 million, including an IFC equity participation of up to $10 million for a stake of up to 10% in Banque Saradar S.A.L.     Location of project and Description of site    	Lebanon    Description of Company and Purpose of Project    	The project involves taking an equity participation up to 10% in Banque Saradar S.A.L. in conjuction with FMO of the Netherlands.  IFC''s investment will be in the context of a capital increase.  This would provide Saradar the resources to increase its lending activities, expand its branch network via acquisitions, as well as consolidate its sister institution Banque Saradar France.  This project will help bring new ownership to the Lebanese banking sector, diversify sources of capital in the system, and increase available resources for future expansion.    Environmental Category and Issues    	This is a Category C project according to IFC''s environmental review procedure.  In addition, the Bank must attend IFC''s workshops on environmental management; for relevant operations, implement an environmental management system (policy, procedure, and designated staff to conduct reviews) to ensure that such operations comply with host country environmental requirements; and submit an annual environmental performance report briefly describing environmental aspects of relevant operations.  from the Public Information Center.       Date SPI sent to PIC     May 7, 1998      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384