Always at the forefront of innovation, SGBL launched Sogehome Boost, a groundbreaking concept that redefines housing loans. Subsidized by BDL, this new loan is coupled with a savings plan, which allows customers to settle their loans easily before the maturity date.

With Sogehome Boost, the customer benefits from advantageous financing: the bank finances up to 75% of the price of accommodation, for a maximum of 800 million Lebanese pounds. This amount will be reimbursed at a 5.14% interest rate (40% BT (1 year) + 3%), for an annual percentage rate (APR) of 6.42% over a maximum period of 30 years, including a grace period of up to six months. The client simply has to settle equal monthly installments, including life insurance and multi-risks premiums.

That's not all! The savings formula that comes along with the housing loan allows clients to settle an additional monthly amount equal to 5% of the payment that will be placed in savings for added convenience. This means they will consequently receive an additional 5% of the payment, offered by the bank on a monthly basis. When the saved amount is equal to the remaining amount of the loan, the client can opt to repay the remaining amount before the due date without any penalty or additional charges.

The Sogehome Boost loan is part of SGBL's life enhancing range of banking solutions designed to meet the needs of a discerning and diverse clientele.