Ramadan Mubarak

As the month of Ramadan begins, may this holy time be the occasion to cleanse your heart and soul, and show compassion for the less fortunate. BBAC wishes everyone a blessed month full of joy, peace and prosperity. Ramadan Mubarak.

BBAC Sponsors Hamra Festival for the Second Year in a Row

BBAC is delighted to have supported the Ahla Fawda Hamra Festival that took place in Hamra Main Street, one of Beirut's most vibrant streets, on Sunday, May 31st.

This is the second consecutive year that BBAC sponsors this event in support of showcasing the cultural heritage and diversity of Lebanon and Hamra Street in particular, and with the belief that it carries a significant message and values that are worth care and support.

The festival was a real success and brought together thousands of people from all walks of life during a day of music, art, food and performances, to celebrate and honor Lebanon’s history and culture.

The festival offered people a journey back to explore and relive Lebanon’s golden age - transforming Hamra Street for one day into old street cafes to the sounds of Lebanese music legends and the smell and tastes of lost childhood memories. They also had the chance to enjoy a flower and a book market, art exhibitions and workshops as well as live bands, artists and celebrity acts. 

Visitors of all ages gathered at BBAC’s stand where they were handed balloons by a living statue mime artist who gave out an engaging show that had everyone mesmerized.

Commenting on the sponsorship, Mr. Tarek Bilal, Head of BBAC Marketing Department, said: “Sponsoring this festival shows BBAC’s commitment to serve its community beyond its role as a financial institution. Such festivals and events have become an important catalyst for stimulating the local economy through the supply of new resources, creating new and diversified sources of employment and income, especially that the festival includes significant participation from private and economic sectors, promoting tourism and building a stronger sense of community.”

The proceeds of the event will fund Ahla Fawda NGO’s social and environmental projects in Hamra.

As ‘Your Caring Bank’ with a vision of making social responsibility an integral part of its corporate culture, BBAC is committed to developing and supporting initiatives that sustain community development.

BBAC Honors Its Staff in Its Annual Gathering Ceremony

Within the framework of its annual tradition, BBAC held its gathering ceremony, in conjunction with Labor Day this year, at Hilton Habtoor Grand Hotel – Beirut. The celebration was attended by the Chairman General Manager of BBAC, Sheikh Ghassan Assaf, the members of the board of directors and the bank’s staff who exceeded 800 employees.

At the opening of the ceremony, Sheikh Ghassan Assaf welcomed the employees with a speech of hope and optimism, which was the theme of this year’s ceremony, along with inspiring words mentioning the current national challenges and how BBAC got ahead of them.

Sheikh Assaf moved on to go over the financial results and cited the achievements that have consolidated the bank’s position and strengthened its performance during the last year, in addition to the most important upcoming projects within the bank’s vision to keep pace with the developments in the banking sector and face competition. BBAC’s development and expansion of its branch network, in Lebanon and abroad, was also highlighted upon especially with the inauguration of the Hazmieh branch to take place in June and obtaining licenses for the opening of two new branches in the cities of Basra and Sulaymaniyah in Iraq and a representative office in Lagos - Nigeria (Africa).

BBAC will also launch the second generation of banking services such as Online Banking and Mobile Payment that are expected to be of the most advanced services in the Lebanese market, in parallel to the expansion of its products offerings to suit youth, entrepreneurs and business leaders as per BDL’s circular no.331 and the development of Private Banking services.

Addressing the bank’s outstanding staff, Sheikh Assaf said: “Success is not a coincidence, it is the result of strategies and action plans that have been adopted years ago and applied in coordination with the important development in the bank’s performance. I am proud of you and grateful for your tremendous efforts, contributions and unwavering commitment to BBAC. BBAC grows through you and your efforts."

Following the speech, a short documentary film was played to share with the staff the results of the fundraising campaign that the bank has organized and the employees have actively participated in; This campaign was carried out in line with the bank’s commitment to social responsibility humanitarian commitment. Finally, the plan to launch a comprehensive contemporary image of the bank was revealed to be implemented in conjunction with BBAC’s 60th Anniversary in the coming year to continue to steadily prove that BBAC is “Your Caring Bank”.

More pictures from the event can be found on BBAC’s Facebook page.