Fransabank to set up investment banking arm

Published January 28th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The advisor to the Chairman of Lebanese Fransabank, Joe Sarrouh, disclosed that Fransabank S.A.L. is on its way to setting up an investment-banking arm in the next two to three months, with an expected capital of $15 million.  

 

The investment arm’s activities will include international capital markets, asset management, and corporate finance. — ( Banque du Liban et d'Outre-Mer Sal )  

 

© 2001 Mena Report (www.menareport.com)

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