SDG 4, Quality Education
– Supporting the youth by launching educational and training initiatives for school students during the Global Money Week
– Adopting volunteerism initiatives for promoting financial education among universities and schools
– Developing Fransabank Big Bank Challenge game, a financial educational cards game
– Launching pedagogical competitions among students
– Offering educational loans and scholarships
– Welcoming students at Fransabank Summer Internship Program
– Conducting internal and external trainings for employees as well as supporting their education progress.
SDG 5 Gender Equality
– Securing gender equality and diverse age distribution
– Supporting women empowerment through financial inclusion programs (micro loans, SME loans and equity funds participation)
– Promoting, recruiting, and evaluating performances based on competencies and merit
– Providing additional benefits to employees.
SDG 8 – Decent Work and Economic Growth
– Implementing responsible lending criteria
– Advancing targeted financial schemes (microcredits, SMEs, start-ups and corporations)
– Assisting companies in their growth process
– Financing young entrepreneurs businesses and/or innovative ideas
– Participating in several financial education and inclusion initiatives among which the Global Money Week, Fransabank internship program, lectures at universities and schoolsâ€¦
– Running youth competitions that derive innovation and tackle todayâ€™s challenges,
– Providing educational loans and scholarships
– Encouraging advancement education program for our employees
– Supporting local educational institutions in collaboration with partner organizations
– Adopting volunteerism initiatives for financial education initiatives at universities and schools
– Creating new employment opportunities across Lebanon
– Providing progressive working conditions to all employees
– Launching our human rights policies
– Reducing our waste consumption.
SDG 9 – Industry, Innovation and Infrastructure
– Signing several new credit lines with international financial institutions in order to further increase the access of SMEs and midcaps to financial services, especially those operating in the fields of renewable energy and energy efficiency
– Supporting start-ups through financial support extended via both Fransabank and Fransa Invest Bank (the investment subsidiary of Fransabank Group); while targeting mainly start-ups engaged in innovation and technology
– Constantly reviewing Environmental and Social management risks in the lending processes.
SDG 11 – Sustainable Cities and Communities
– Providing affordable housing loans with suitable conditions
– Abiding by the environmental and Social Management System that has been adopted, while also assisting through counselling, auditing, and follow-ups in customers’ greening efforts
– Providing accommodating products and services to all
– Making sure to reach all the communities through a well-developed branch network and electronic services
– Preserving Lebanon’s cultural and natural heritage, thus, supporting positive economic, social, and environmental development with a special focus on rural areas.
SDG 13 – Climate Action
– Offering a range of sustainable products and services through a standalone business line targeting both individuals and businesses
– Developing strong partnerships with local and international institutions from both the public and private sectors thus covering a wide range of sectors, industries, and businesses
– Putting place sector-specific policies and guidelines to meet all clientsâ€™ requirements
– Launching the first Green Bonds in the region, to support eco-friendly project financing
– Applying the Environmental and Social Management System (ESMS) in all credit processes; while also offering clients counselling, auditing, and follow-up services all through their green efforts
– Working on decreasing the environmental impact of operations through various internal initiatives, while sticking to the IFC green audit on the Headquarters.
Our CSR Activities
We worked on providing, within the scope of our available resources, the best possible assistance to cover customers' needs and concerns especially with the imposed limitations due to the crisis.
Sound infrastructures, corrective measures and speed of action, combined with our employees' expertise and professionalism are our driving forces.
We have been following-up with our microcredit, SME, and corporate clients as part of our responsibility to support and secure the survival of local companies and industries, especially in crisis period. Accordingly, we are assisting the ones facing financial difficulties via financial advisory and credits rescheduling.
As part of our commitment to improve financial accessibility and inclusion in rural areas, we are keen on securing, on daily basis, liquidity availability in these areas via our ATMs and branches.
We have reduced our weekdays working hours for our employees, but salaries did not change and employees enjoy the same benefits as before.
Nonetheless, we pledge our commitment to resuming the previously listed activities as soon as the situation elucidates; keeping our contribution to the society at large, keeping our shareholders, customers, and employees at the top of our priorities.