CHO PROJECT

This guarantee certificate will be used by the bank to borrow more efficiently through the interbank market while using its pool of CHOs as collateral, and therefore lend more easily... Studies show that the value of real estate assets in emerging countries could reach up to 20 times the value of their GDP, thus representing substantial capital for these struggling economies. This generated the idea for the Certificat Hypothécaire Obegi that would be implemented through the CHO Project. The project seeks to mobilize this national capital, aiming to boost economic growth and improve the standard of living... The CHO project seeks to mobilize, by way of a banking product, the real estate assets of emerging countries which reach up to 20 times the value of their GDP, to boost economic growth and improve their standard of living.

Primary location: Riad Lebanon