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Mr. Adnan Kassar, FRANSABANK’s Chairman and CEO, has signed a revolving credit line agreement worth USD15 million with Dr. Jassem Al-Mannai the Chairman and CEO of the Arab Trade Finance Program. The signing of the Agreement was done during a press conference at FRANSABANK’s Auditorium in the presence of the Chairman of the Association of Lebanese Banks and the Union of Arab Banks Dr. Joseph Torbey, the Chairman of the Association of Lebanese Industrialists Mr. Fadi Aboud, the Chairman of the Association of Beirut Traders Mr. Nadim Assi, the Chairman of the Syndicate of Public Works Contractors Mr. Fouad Al-Khazen, the Chairman of the North Chamber of Commerce, Industry and Agriculture, Mr. Abdullah Ghandour, and the Deputy Chairman of the Beirut Chamber Mr. Robert Dabbas. The objective of this credit line is to encourage trade exchange between the Arab countries, whether on the level of information exchange or financing export and import transactions.
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