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BLC committed to women’s economic empowerment
20-6-2019
Chairperson of BLC Bank, Nadim Kassar, reiterated the bank’s commitment to supporting initiatives aimed to empower women economically and providing all facilities needed to secure equal opportunities in the labor market and in leadership. Kassar was speaking during the Financial Alliance for Women Summit held in Paris from June 17 to 19. We have implemented policies and reforms, participated in the UN Principles for the Empowerment of Women and encouraged qualified women to seize managerial positions, which resulted in a diverse and inclusive management, Kassar maintained. He said, Lebanon today faces big economic challenges which necessitates growth and the expansion of the GDP to be twice its size today, explaining that closing the gender gap will increase the GDP by 9%. Kassar stressed that the private and public sectors should join forces to develop and upgrade laws to the end of eliminating discrimination and giving women their basic rights to ensure gender equality. Kassar pointed to a number of incentives and measures by the bank aimed to inspire women and ease their access to the labor market. Recalling, that during the summit, Kassar received the trophy for Women’s Market Champion Outstanding Engagement Award. (Al Diyar, June 20, 2019)
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