The ABL Board of Directors decided to reduce the Beirut Reference Rates (BRR) starting April 15, 2020 as the following:

- BRR on dollar lowered to 5.57 percent from 9.35 percent.

- BRR on lira lowered to 7.75 percent from 12.45 percent.

These fundamental reductions of the interests’ structure come in response to the Central Bank’s circular, and aim at easing the burden of loans on debtors and at motivating the economic activity in the current difficult circumstances.

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