Selim Sfeir, CEO of Bank of Beirut, signed last week with the President of Caritas Lebanon Father Simon Faddoul two memoranda of understanding within the framework of the on-going collaboration between the two institutions. The 2 MoUs were signed at the headquarters of Caritas’ central administration in Sin el Fil and seek to support the work of Caritas Lebanon. The MoUs will make available a battery of banking products including the launching of the Caritas Affinity Card, part of the profits of which will serve to support Caritas’ humanitarian work, educational loans for vocational training students and loans for small business.
Source: Al-Mustaqbal 8 April 2013