“Make a Long Story Short” is Fransabank’s new and exclusive summer hit on its housing loan programs in LBP and USD addressed to Lebanese residents and expatriates. For the first time in Lebanon, Fransabank provides private sector employees with a free, exclusive 5-year insurance on monthly installments with every new housing loan. The loan beneficiary will benefit from this insurance in case of temporarily job loss due to unexpected or adverse reasons, covering the value of six consecutive monthly installments at no additional cost. This first-of-its kind insurance thus serves as a unique source of protection and security to the borrower, making him worry less about his / her future financial engagements.  

In this context, Mr. Phillip El Hajj, Deputy General Manager and Head of Retail Banking and Branch Network Divisions at Fransabank, confirmed: "This new initiative provides all individuals who wish to own a new home with an exceptional opportunity coupled with a multitude of benefits, all turning the monthly installment into a simple task achievable by anyone. This is in addition to an exceptional interest rate for the first year calculated at 3.9%, a reduced down payment; a repayment period up to 30 years; free file fees; and a free, offered credit card."

Mr. Hajj confirmed enthusiastically: "This distinctive promotion confirms once again Fransabank’s dynamic leadership in the creation and development of advanced banking products and services that not only meet the needs of the Bank’s wide and diversified clientele base, but also offer the Lebanese society an unparalleled added value in the banking sector. This new initiative undertaken by Fransabank aligns with the Banks socially responsible role played to support the communities where the Bank operates.”