UPDATE: EFG-Hermes Leasing says portfolio is LE900 million

The size of the portfolio of EFG-Hermes Leasing, a wholly-owned subsidiary of investment bank EFG-Hermes, is LE900 million ($118 million), the subsidiary's executive chairman said on Sunday.

Wael Ziada also told reporters the subsidiary had signed two leasing facilities with Lebanon's Bank Audi and Qatar National Bank (QNB).

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