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LIB Grants term loan to all economic sectors giving priority to exports sector and import substitution manufacturing sectors. .This type of loan granted to customers to be repaid within a specific period of time with interest. The loan is repaid in a lump sum on maturity or in monthly, quarterly, semi annual or annual instalments, depending on the nature of the business and cash flow. Our bank, mostly extends short term loan for working capital with maximum repayment duration of three years.
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