BBAC s.a.l. (Bank of Beirut and the Arab Countries) was established in 1956 and is today one of the leading commercial banks in Lebanon, with a total capital of 149 billion LBP. The Bank provides a full range of commercial and personal financial services, including Corporate and Commercial Banking, Retail Banking, Private Banking, Trade Finance, Capital Markets, and Bancassurance. These services are offered in its head office in Beirut and extensive branch network comprising thirty-five domestic branches, three international branches, one in Cyprus - Limassol and two in Iraq - Erbil and Baghdad, and a representative office in UAE - Abu Dhabi.
Support to Higher Education
As part of its Corporate Social Responsibility program (CSR), BBAC has a number of programs that aim at supporting the higher education sector such as training, and educational and university loans.
Type of Support
Training
BBAC provides training to Lebanese undergraduates and postgraduates in the Bank’s different departments. The training is offered at BBAC’s head office and branches.
Loans
University/Educational Loans
An educational loan is dedicated to help students pursue their education plans. In collaboration with Banque du Liban (BDL), the BBAC educational loan is provided to those applying to higher education institutions (academic and technical) in Lebanon and abroad with a repayment period of up to 10 years starting one year from the student's graduation date. The loan amount enables the student to cover the tuition at an annual interest rate of 3%. Moreover, in order to enhance the recipient’s overall education experience, BBAC offers with the loan a free BBAC Internet number to shop over the Internet, free BBAC Internet access, preliminary approval for a laptop loan at reduced interest rate, and a reduced interest rate on a BBAC car loan.
Duration of Support
Training
1-3 months.
Loans
up to 10 years, varying according to the received request.
Eligibility Criteria
Training
Applicants should:
● Get a document from the university that a training/internship is needed at the Bank.
● Be Lebanese nationals.
● Be undergraduates or postgraduates.
Loans
Applicants should:
● Be Lebanese nationals.
● Be undergraduates or postgraduates.
● Apply to higher education institutions (academic or technical) in Lebanon or abroad.
Application Procedures
Training
Applications should be sent by post or e-mail to BBAC Marketing Department:
marketing@bbac.com.lb
Deadlines
Training
Applications are accepted all year round.
Loans
Applications are accepted all year round.
Contact
Additional Information
BBAC sponsors events at Lebanese universities. Applications could be sent by post or e-mail.