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- 06
- 06
- 2016
Ramadan Kareem
Ramadan Kareem

The month of Ramadan is a time of goodness, forgiveness, tolerance and generosity. Let us take this holy occasion as an opportunity for self-improvement and as a chance to multiply good deeds by bringing happiness and helping those who are less fortunate.

May you and your loved ones have a blessed and peaceful Ramadan.
- 30
- 05
- 2016
BBAC Revives Hamra Street in Collaboration with “Ahla Fawda” NGO
BBAC Revives Hamra Street in Collaboration with “Ahla Fawda” NGO

BBAC held a joint press conference with "Ahla Fawda" NGO, to unveil a colossal mural, within the bank’s participation in the third Hamra Street festival, which took place on Sunday, May 29, 2016, under the theme Eat, Play, Laugh. The mural was implemented by the young Lebanese artist and architect Jad El-Khoury, over the façade of BBAC’s building in Hamra.

Commenting on this event, Mr. Nadim Hamadeh, Assistant General Manager for Banking at BBAC, said: “Being “Your Caring Bank”, we, at BBAC are always keen to be part of activities that aim at building a better society. Our participation in Hamra Festival with "Ahla Fawda" NGO reflects this target by creating cultural spaces and spreading joy." He added: "The huge unveiled mural aspires to revive Hamra Street, which is Beirut’s most vibrant street, and its placement on BBAC’s building will bring contentment to the hearts of the passers-by through this cultural addition, proving that our bank is an essential part of Hamra Street’s authenticity."

“This initiative brings so much joy to so many faces around Beirut and that alone makes it all worthwhile”, said Mrs. Imane Assaf founding president of Ahla Fawda Association. She added: “Our mission is to spread joy and we are extremely happy to be in a position to add more color to Hamra, and more smiles to the faces that pass by and see the beautiful art works by our own Lebanese talent. Encouraging and supporting the youth, who are determined to make this country a more beautiful place, is extremely important to us. We were able to accomplish that through our partnership with BBAC, and we are very grateful for the support, which we hope will continue, till we see all of Beirut turn into one big green and open air culture and art museum.”

For his part, artist Jad El-Khoury commented saying: “Hamra reflects the real image of Lebanon that I want to expand all over; it is always artistic, vibrant, and successful”. He added: “The mural features a doodle art style; a mix of live ideas put in a single art form, random lines creating an infinity of forms and colors. Today’s work is a sequel to previous work, it represents an individual in society surrounded by masses and patterns, and in this project in Hamra, we witness that this individual became aware of his individuality and stepped outside his surrounding to take a breath and clear his thoughts.”

It is worth mentioning that BBAC is determined to constantly communicate with its surrounding community, whether through products and services it offers, or through development initiatives and humanitarian, social and cultural activities, carried out or supported by the bank, proving once again that BBAC is "Your Caring Bank”.
- 20
- 05
- 2016
BBAC Launches AUB Alumni Abu Dhabi Card
BBAC Launches AUB Alumni Abu Dhabi Card

BBAC, in partnership with the American University of Beirut (AUB) Alumni Association of Abu Dhabi, has launched AUB Alumni Abu Dhabi Card, a new addition to its suite of credit cards.

BBAC unveiled the new card at the AUB Alumni Association’s annual Gala Dinner in Abu Dhabi on the occasion of AUB’s 150th Anniversary, in the presence of 600 alumni member and BBAC representatives.

The AUB Alumni Abu Dhabi Card is a mark of recognition that offers members of the AUB Alumni Association a higher spending power, added-value benefits and VIP treatment; all the advantages expected from a premium card. Additionally, the credit card is offered free-of-charge and gives its holders the opportunity to make a revenue contribution to AUB on every purchase.
- 16
- 05
- 2016
BBAC Awarded “Best Customer Service Bank”
BBAC Awarded “Best Customer Service Bank”

BBAC was awarded “Best Customer Service Bank” by the World Union of Arab Bankers (WUAB), at the 2016 Arab Banks Awards & Commendations of Excellence annual ceremony. The ceremony, organized by The Banking Executive Magazine, was held at the Casino du Liban, in the presence of a score of leading bankers and international banking supervision dignitaries from international and regional institutions.

Mr. Ghassan Assaf, Chairman and General Manager of BBAC, who received the award, thanked WAUB for acknowledging BBAC’s efforts and commented saying: "This award is considered a recognition of BBAC’s commitment to its valued customers, by providing the best banking services and products, and constantly working on developing practical and efficient solutions that contribute positively to the lives of our clients, and meet their future aspirations whether locally or abroad, reaffirming through words and deeds that we are “Your Caring Bank”.”

It is worth mentioning that the Awards & Commendations of Excellence are given annually in accordance with the standards and requirements set by the WUAB; which is a banking consortium of over five hundred members, across the Arab world and the rest of the world, and issues a magazine that covers the Arab banking and finance news; The Banking Executive Magazine, the organizer and host of the event.
- 12
- 05
- 2016
Chairman Sheikh Ghassan Assaf Honored Figure of the Year by Saint Joseph University
Chairman Sheikh Ghassan Assaf Honored Figure of the Year by Saint Joseph University

Saint Joseph University (USJ) honored BBAC’s Chairman and General Manager Sheikh Ghassan Assaf in recognition of his efforts and achievements in the banking sector, in the presence of a score of ministers, MPs and ambassadors, as well as deans of colleges and educational bodies at the university. Attendees also included a number of economic and social dignitaries, along with Sheikh Assaf’s family at the honorary ceremony held at Phoenicia Hotel.

The ceremony opening included a word by the president of the university, Professor Salim Dakkash, who stated that the annual award is granted to one distinguished character that is characterized by excellence that goes beyond profession and extends to positive contribution in various aspects of social and cultural development.

Professor Dakkash highlighted that this honor is one of the few occasions in which the university praises an individual from the Lebanese community for their efforts and commitment to the principles and values. Professor Dakkash praised the achievements of Sheikh Ghassan Assaf, and spoke about his triumphs and fingerprints as a businessman and a banker, that enriched the Lebanese economy. He as well underlined the multiple aspects of Sheikh Assaf’s social, humanitarian and cultural contributions that complement the scene; the reasons he was chosen by the university as the honored figure for the year 2016.

In his delivered word, Sheikh Assaf acknowledged USJ’s initiative, and stressed his appreciation for the award and the honorary ceremony, as it is coming from a renowned institution in Lebanon and the Middle East in terms of tradition, knowledge, development and thought leadership. He stressed that the history of the university is signified through the key Lebanese politicians, researchers, scientists and businessmen who gleaned knowledge from one of the most significant educational institutes in Lebanon.

He added: "USJ gathered all the Lebanese of all religious and political backgrounds, it is no coincidence that this campus, is the main foster of national movements that led to the independence of Lebanon ... there is no doubt that St. Joseph's University has been, and remains the launching base of many personalities that left their mark in the history of Lebanon .... ". He then thanked the university president: "I thank USJ for everything it offered to Lebanon and the Lebanese community, actually, you are the ones that deserve to be honored.”

Addressing his career in the banking sector, Sheikh Assaf said: "At BBAC, we have always remembered that the secret of success and sustainable growth is not due to balance sheet growth and increasing profits only, but in the acts of care in the society and seeking to improve people's economic situation and protect them from risks and bumps.”

Sheikh Assaf allocated a part of his speech to his family, referring to its impact on his life, particularly his late father, Sheikh Toufic Assaf, who in turn had an impact on Lebanese society through the many roles he has played as an industrial, a banker and a politician. He added: "The environment I grew up in, made me believe that the institution's contribution to the community development affairs is our duty, and falls among our primary responsibilities, it is not surprising that the motto the bank adopted, and we always strive to achieve is that BBAC is " Your Caring Bank”.”

Finally, Professor Salim Dakkash handed out the university’s honorary shield to Sheikh Ghassan Assaf.
- 25
- 04
- 2016
BBAC Supports Al Jabal Marathon for the Sixth Year in a Row
BBAC Supports Al Jabal Marathon for the Sixth Year in a Row

Under the slogan "We Run for Childhood", Al Jabal Marathon set off under BBAC’s support for the sixth consecutive year, as a part of the bank’s long-term commitment to support Lebanese youth’s development in various fields, and out of its belief in the importance of humanitarian, environmental, sports and cultural activities. The race took place in the Chouf district, starting in the village of Deir Al-Qamar and ending in Baakline, in the presence of thousands from all Lebanese regions, and BBAC employees, who were keen to take part in the event.

Commenting on this event, Mr. Nadim Hamadeh, Assistant General Manager for Banking at BBAC, said: “BBAC takes pride in being the main supporter of Al Jabal Marathon since its inception in 2010, the event that brings together people from different backgrounds each year, under the umbrella of love, peace and brotherhood.”

"Our presence emphasizes our commitment to help the people from the Chouf, through activities that aim at building a better society, and through our support to this race in particular, that targets the youth. We assure for the sixth year in a row that we, at BBAC, will keep supporting Al-Jabal Marathon that reflects the true act of caring through words and deeds.”

The marathon was concluded with an award ceremony at BBAC-Baakline branch; the race’s end point in the presence of key social figures, municipality leaders, heads of the schools and universities involved, and of course, BBAC representatives.