Tag Archives: MIGA

BBAC and MIGA sign an agreement marking the first-ever issuance of MIGA’s capital guarantee in the MENA region

BBAC and MIGA sign an agreement marking the first-ever issuance of MIGA’s capital guarantee in the MENA region

Beirut, October 14th, 2019:  BBAC (Bank of Beirut and the Arab Countries) recently announced that MIGA (The Multilateral Investment Guarantee Agency), a member of the World Bank Group, has issued 67 million USD in guarantees to the bank to facilitate financing for Small and Medium–sized Enterprises (SMEs) by increasing its loan portfolio across BBAC branches

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