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)