Banque du Liban
Two government initiative were passed in 2016 that benefited the film industry. The first was the memorandum of understanding (MOU) signed by the Fondation Liban Cinema and the Investment Development Authority of Lebanon (IDAL) which added the media industry, including film production, to IDAL's mandate of bringing investment to the country and offering incentives such as 100 percent tax exemption on corporate profits for up to 10 years. The other initiative was Banque du Liban's offering of $100 million in loan guarantees at the low interest rate of 1 percent. Banque du Liban also issued Intermediate Circular 416, which subsidizes loans of up to $3 million by banks and financial institutions to support film, television and theatrical productions