A Five-member official of the Bank of Beirut, is currently in the country to explore investment opportunities in the financial sector of the economy.
The delegation is led by the Chairman and General Manager of the bank, Mr Salim G. Sfier. Other members of the delegation included the Vice Chairman of the bank, Mr Adib S. Millet, Mr Sobhi M. Osman, (Bank of Beirut); UK, Mr Fouad Y. Chaker, Assistant General Manager, and Mr Najib M. Semaan, Assistant General Manager in charge of Treasury.
The delegation is expected to meet with officials of the Ministry of Finance and Bank of Ghana during their five-day visit.
In an interview with a cross-section of journalists in Accra yesterday, the chairman of the bank, Mr Sfier said the country presently has a large presence of the Lebanese community and it is the policy of the bank to establish its presence in such countries.
Mr Sfier said investing in the economy is expected to be decided upon by the close of the year and that the economy of the country has positive signals which are conducive for investment.
The bank, he said, hopes to bring to the financial sector of the economy, a healthy competition that will stimulate the growth of the financial sector. Bank of Beirut is the sixth biggest bank in the Lebanon and has footprints in both their domestic market as well as overseas markets, such as United Arab Emirates, Cyprus and London.
Currently the bank has 41 branches serving in all the regions of Lebanon and has about $250 million in share holders funds and has assets worth $3.5 billion. The delegation is expected to visit Nigeria from Ghana.
