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- 02
- 03
- 2013
BBAC and Live Lebanon Unveil a Rehabilitated Public School in South Lebanon
During an uplifting inauguration ceremony, BBAC and Live Lebanon proudly unveiled the rehabilitated Freiha El Hajj Public School for girls in Nabatiyeh. The school, which was in extremely dilapidated condition before intervention, now boasts aluminum windows, an indoor playground, and a renovated roof so that its 200 students can learn in a safe, healthy environment.
The inauguration was attended by Mr. Ghaleb Farha, the Goodwill Ambassador of the Arab Gulf region, Mr. Luca Renda, the UNDP Director, Mr. Raghed Assi, the UNDP Program Manager, as well as BBAC managers. They were later invited by the school director to tour the modernized school and enjoy a show performed by its students.
Mr. Tarek Bilal, Head of Marketing Department at BBAC, said, “The entire day was an extraordinary success as staff and students commemorated the school’s transformation into a learning environment that will encourage students’ growth into the leaders of tomorrow.”
BBAC’s ongoing partnership with Live Lebanon, a UNDP initiative that promotes health, environment, economic and youth projects throughout the country, demonstrates the bank’s commitment to creating positive change within all communities in which it operates.
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- 01
- 03
- 2013
- BBAC and Live Lebanon Celebrate Two Successful Inaugurations in Support of Lebanon’s Most Vulnerable
BBAC and Live Lebanon Celebrate Two Successful Inaugurations in Support of Lebanon’s Most Vulnerable
BBAC and Live Lebanon inaugurated two projects that assisted the country’s most deprived communities with vital resources. The projects, which improved various health facilities across the nation, were undertaken in line with the partnerships’ pledge to alleviate poverty, ensure ecological sustainability, and bring greater opportunities to citizens throughout Lebanon.
The first exciting initiative, which took place in Kfardines in the Bekaa Valley, supplied Koolob Min Noor, a non-governmental organization that helps citizens with special needs integrate into ordinary civic life, with a 12-seater bus that will transport isolated individuals in rural communities to the services of the Koolob Min Noor rehabilitation centre. In addition, it provided the centre with much-needed physiotherapy equipment and appropriate furniture for the classroom.
The second project, executed in collaboration with the Municipality of Ali El Nahri in Bekaa, provided households of the surrounding villages with an improved water network so that they can access free, clean water. At the project’s inauguration, attended by Mr. Haytham Jomaa, the General Director of the Ministry of Foreign Affairs and Emigrants, numerous villagers gave testimonies to the significant impact that the water system had made upon their everyday lives.
With the invaluable support of their Goodwill Ambassadors, Live Lebanon and BBAC have played an important role in providing necessary assistance to deprived communities through their unique partnership.
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- 28
- 01
- 2013
BBAC Celebrates with Its Team Members and Honors Them
Within the framework of its annual tradition, BBAC held a gathering ceremony dedicated to the consolidation of the social relations among the employees. The celebration was attended by the Chairman General Manager of BBAC, Sheikh Ghassan Assaf, the members of the board of directors, senior managers and heads of sections and branches, the bank’s staff in Lebanon and abroad, and representatives of its subsidiaries.
At the opening of the ceremony, Sheikh Ghassan Assaf welcomed the employees wishing them a fruitful year and praising their tremendous efforts, contributions and unwavering commitment to BBAC. Afterwards, a short documentary film was played to share with the audience the results of the different activities that the bank has organized under it CSR program for 2012 and that have been partly funded by the employees themselves within internal fundraising campaigns while the other activities were implemented in partnership with UNDP’s ‘Live Lebanon’ initiative.
Entertaining performances animated the ceremony followed by the distribution of cash amount and valuable prizes to the winners of the staff lottery. During the ceremony, the bank also paid tribute to a number of employees who have served BBAC for over 30 years in recognition of their professional efforts and dedication.
More pictures from the event can be found on BBAC’s Facebook page.
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- 22
- 01
- 2013
BBAC and Live Lebanon Provide a Day of Fun and Games for Disabled Children
BBAC and UNDP's "Live Lebanon" initiative organized a heartwarming day of play for special needs children in collaboration with "Right to Play", an international humanitarian organization that uses sport and play programs to improve health, develop life skills, and foster peace for children and communities in some of the most disadvantaged areas of the world.
Joining forces with the 'Koloob Min Noor' NGO, BBAC employees offered children from the Bekaa region, all with a diverse range of disabilities, the opportunity to join together for a day of games, face-painting and drawing activities, as well as a short performance.
Tarek Bilal, Head of Marketing at BBAC, said: "We are very proud to have initiated such a day for these children in which they were given the space to express themselves through play and sport. And we applaud 'Koloob Min Noor', an inspirational institution which helps these children receive the important rehabilitative physical training and educational capacities that allow them to be engaged in ordinary civic life".
He added, “We hope that BBAC and UNDP's future initiatives will have equal success in reaching out to underprivileged societies across the country to ensure a Green, Healthy, Young, and Prosperous Lebanon”.
The "Live Lebanon” initiative is unique in its strong partnership with BBAC and the support of various active ambassadors. BBAC has played an important role in providing necessary assistance across Lebanon as it seeks to fulfill its mission of being a Caring Bank.
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- 16
- 01
- 2013
BBAC Shares the Joy of the Holiday Season with the Druze Orphanage House
Adhering to its tradition of distributing gifts in various areas of Lebanon on the occasion of New Year, BBAC recently handed out 300 gifts to the children of "The Druze Orphanage House", Abeiy - Mount Lebanon, in the presence of bank managers and staff from the Shahhar branch.
BBAC staff spread the holiday spirit in a ceremony that the bank organized for "The Druze Orphanage House" during which gifts were distributed to children between the ages of three and twelve years old. The children later gathered around a comic circus show, enjoying their interaction with it as sounds of laughter created an atmosphere of fun and entertainment.
BBAC has plans to work on many development projects in various areas. This stems from its belief that its success is only complete when it comes in line with the success of the community in which it operates. The bank has done many distinctive initiatives involving staff and managers which all contributed to making a difference in the lives of the needy. Among these is the "Live Lebanon" initiative adopted by BBAC in partnership with the United Nations Development Programme-UNDP.
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- 03
- 01
- 2013
BBAC Participates in Visa’s Big Box Campaign for the Dubai Shopping Festival 2013
BBAC announces its participation in Visa’s "What’s in the Box" promotional campaign for the Dubai Shopping Festival that will take place from January 3 to February 3, 2013.
BBAC Visa cardholders, both debit and credit, will be granted unique opportunities and multiple chances to win an exciting range of prizes by simply using their Visa cards to settle their payments anywhere in Dubai during the festival.
The campaign is focused around a secret grand prize that will be concealed within a giant box at The Dubai Mall with shoppers being invited to guess as to what is on offer throughout the month. Every transaction with any Visa card will entitle cardholders to enter into the main prize draw for the grand prize within the Big Box, which will remain a secret till the end of the festival.
Moreover, daily instant prizes are offered on location at the Visa Big Box in the Star Atrium at The Dubai Mall. Participants may enter by presenting any single sales receipt of AED 200 or more showing that their Visa card was used for an eligible transaction.
There are additional opportunities for Visa cardholders to win prizes during the festival, including:
a) daily prizes for instant winners who successfully play a simple game at the Visa display in The Dubai Mall;
b) entertainment prizes where instant winners are treated to additional and surprising live entertainment;
c) online contests though Instagram and Twitter where people post tweets and pictures regarding the contents of Visa’s big box, along with their guesses as to what is hidden inside; and
d) radio contests which will be held on four separate stations in Dubai.Start swiping your BBAC Visa cards today to WIN BIG!
For more information, you can visit http://www.visacemea.com/uv/promos/dsf/main.jsp
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- 05
- 12
- 2012
BBAC and IFC Finance Trade to Spur Economic Growth in Lebanon
BBAC and IFC, a member of the World Bank Group, signed a trade finance agreement to help Lebanon’s private sector access global import and export markets and spur trade.
Through this agreement, BBAC and IFC will help clients access new markets and expand their existing trade channels. The initiative is part of IFC’s 5 billion USD Global Trade Finance Program, which extends and complements the capacity of banks to deliver trade financing. The program provides risk mitigation in new or challenging markets where trade lines are constrained. It also offers confirming banks partial or full guarantees covering payment risk for trade-related transactions in emerging markets.
“No doubt this agreement with IFC will reinforce confidence between our bank and foreign financial institutions, and will help us access markets that were previously beyond our reach, especially in the emerging economies where this facility is most needed,” said Ghassan Assaf, Chairman and General Manager of BBAC. “The IFC facility will therefore be a catalyst in promoting business in new markets, creating new business opportunities and generating growth for the economy.”
BBAC is the sixth bank in Lebanon to join IFC’s Global Trade Finance Program. Since the program’s inception in Lebanon in 2006, IFC has provided trade finance guarantees worth almost 1 billion USD to improve the country’s trade performance.
"Trade is a key driver of global integration and domestic growth,” said James Gohary, IFC Regional Manager of Financial Markets and Private Equity Funds in the Middle East and North Africa. “For a vibrant private sector, the Middle East and North Africa region needs to be connected to global markets. This agreement will help Lebanese companies enter new markets, opening opportunities for business growth and spurring job creation.”
IFC strategy in Lebanon focuses on supporting the continued recovery of the country’s private sector. IFC investment and advisory activities in Lebanon focus on trade financing, facilitating access to finance to small businesses, and women empowerment.
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