General Ashraf Rifi, Head of Lebanese Internal Security Forces and the president of the Association of Banks in Lebanon, Joseph Torbey, the protocol of cooperation which aims at securing housing loans at low interest rates for the Lebanese ISF.

In his speech, Dr. Torbey said “… the loans provided will extend to 25 years at an interest rate not exceeding 1.62%...” He added: “Once again, this would not have been possible without the support of the Banque du Liban (The Central Bank) by exempting banks from obligatory reserves”.

General Rifi praised the role of the Association of Banks in Lebanon in cooperating for the improvement of the ISF agents living conditions and social situation to enable them to be more productive”.