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BLOM Bank supports youth education and entrepreneurship

30-10-2018

The chairman of BLOM Bank, Saad Azhari, said on Tuesday that the bank has adopted the fourth SDG goal ‘Quality Education’ to become in the core of its activities in the social responsibility area. Azhari was speaking during the opening of the 8th Annual Corporate Social Responsibility (CSR) Lebanon Forum held in Beirut under the title, ‘SDGs and Millennials: Leaders of Sustainability’. Azhari mentioned four pioneering programs combining the millennial generation and quality education. These are: Blom Shabeb program, which directs and guides students to university disciplines and matching jobs (320,000 beneficiaries); Protect Ed program, mentors school students on how to live in a society free of violence, drugs, racisms and abuse (100,000 beneficiaries from 167 schools); Hult Prize, sponsors innovation competition for social profit projects among college students. The winner receives USD 250,000 for starting up his enterprise; the fourth pioneering program is Virtual Stock Exchange which includes virtual competitions among students of business and economics from 8 universities in Lebanon on maximizing the returns on stock and bond markets. (Al Akhbar, October 30, 2018)

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