INCLUSIVE AND SUSTAINABLE INDUSTRIALISATION
Bank Audi supported BDL’s Intermediate Circular 331 through investments in venture capital funds and several initiatives. The Bank’s purpose is to support Lebanon’s knowledge economy sector, enhance skilled labour market development through job creation, and actively participate in the development of the startup ecosystem
(accelerators, incubators, VCs, etc.). To date, Bank Audi has invested in all 8 VC Funds currently on the market, with commitments totalling USD 47.6 million.
The disclosed information is relevant for the period ending 2020
