Banker Tanya Mousallem says women are good clients for banking

In its issue of 29 October, l’Orient le Jour spoke with the Assistant General Manager heading the Strategic Development and Financial Management Group at BLC bank, Tanya Mousallem who was nominated last September as the Vice President of the International banking Coalition for Women.  The interview sought to know about Mousallem’s new activities in economic empowerment.  To be noted that Mousallem produced several innovative programmes which empower women to develop their businesses and benefit from banking services and products targeting them. During the interview, Mousallem noted that her new appointment is an international recognition of the success of the Women’s Empowerment Initiative which was launched by the BLC Bank.  Mousalllem added that women are good clients as they do not borrow much.  She added that the total of small and medium loans are 40% less when granted to women. Mousallem concluded by saying that the study entitled “Lebanese and Money” implemented by the Bassel Fleihan Financial Institute, showed that women are better business planners. (L’Orient le Jour, 6 November 2016)