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Fransabank grants and awards to students

13-6-2017

Fransabank recently launched three initiatives with the general secretariat of catholic schools, St. Joseph University and LAU to award financial grants and university tuition fees to students. This move comes as part of Fransabank social responsibility and commitment to the youth as the foundation for the future. As such, and within the framework of renewing the MoU between Fransabank and the secretariat of catholic schools, USD 27,000 were distributed to 21 student winners of a competition launched in early 2017. The said competition was entitled "talents for Lebanon". In his keynote address, the CEO of Fransabank, Nadim al Kassar, noted that the Bank seeks to support the youth through providing them with spaces to increase their knowledge and allow them to challenge their energies in a positive way. Furthermore,, Fransabank partook in an entrepreneurship competition with USJ and distributed financial awards amounting to USD 10,000 to three winning projects out of the seven competing ones in the environmental and technology fields. The event was organised in collaboration with the Alumni association and Berytech, the technology hub. Fransabank also organized with LAU the third edition of the UDEsign competition which targeted this year fine arts students who prepared short films on spending and saving based on their own experiences. The young woman who won the first award was granted USD 7000 as a full tuition to attend Salzbourg university. To be noted that three winners were selected out of 7 participants. (Al Diyar, 13 June 2017)

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