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FRANSABANK has signed a memorandum of understanding with the Hungarian Export-Import Bank Ltd. (Eximbank). The agreement was signed by Mr. Adnan Kassar FRANSABANK’s Chairman and CEO, and Mr. Bela Singlovics the Deputy General Manager of Eximbank. This initiative form FRANSABANK comes in the context of its strategy to establish strategic business relations with leading international and financial institutions. It also matches its continuous efforts to increase trade exchange between Lebanon and the Arab World on the one hand, and leading emerging markets like Hungary on the other. It is also to support Lebanese exports and reconstruction projects by attracting international term finance for Lebanon .
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