BEIRUT - According to Byblos bank’s “Lebanon this week”, the European investment bank (EIB) disbursed 12m euros of the 60m loan managed by the Central bank of Lebanon to support the Lebanese private sector. The loan is part of the 709m dollars pledged by the EIB at the Paris III donor conference. The disbursement of the 12m brings the total disbursed from this loan to 47m euros, with the last part expected to be disbursed during the third quarter of the year. These funds are disbursed in turn by the Central bank to approved private sector applicants. As at the end of June 2008, the EIB had signed 515m dollars out of its Paris III pledged.