Al Mawarid Bank s.a.l., one of the leading banks in Lebanon, announced the signing of a cooperation protocol with the Social Work League to endorse students aspiring to continue their studies in higher education institutions.
The two parties represented by H.E. Marwan Kheireddine, Minister of State and Chairman of Al Mawarid Bank s.a.l. and Mrs. Souheir Abou Zeki Abi Farraj, the President of the Social Work League, signed the cooperation agreement that will allow more students to pursue their academic ambitions. This is made possible with the support of Al Mawarid Bank s.a.l. which will provide exceptional financial facilities and loans to cover university fees for the undergraduates.
Speaking about this initiative, H.E. Marwan Kheireddine said, “Giving back to the society is a key pillar of our business philosophy. We are working on a well carved strategy to support the requirements of all the local community segments. This agreement supplements other initiatives already activated by the bank to help the young students realize their academic potential in universities or other higher education establishments. In this occasion, we are pleased to work closely with the Social Work League and join hands with them to leverage our youth’s capabilities where those students will be ready to enter confidently the job market which is becoming more competitive and demanding especially in terms of academic requirements.”
Al Mawarid Bank s.a.l was established in 1980; historically the bank has positioned itself as a leader in the banking industry in Lebanon. Al Mawarid Bank has maintained its leadership over the years, it was the first bank to introduce credit cards into the country back in 1995 and again it is the first bank to introduce mobile banking in Lebanon in 2010.