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"Towards Gender Equality"

9-5-2019

The BLC bank held a conference last weekend entitled, ‘Towards Gender Equality’ stressing its importance to reach desired economic growth and sustainable development, according to CEO, Bassam Hassan. The latter maintained that women, like men, contribute to stimulating the economic cycle in the country. Similarly, BLC marketing director, Maya Margui, pointed to ‘We Initiative’ program kicked off by the bank to empower women economically, emphasizing its achievements in terms of employees and clientele, as well as at the level of society at large. For her part, Zeina Zeidan, chairperson of Royal Financials, outlined the steps and measures that should be taken to bridge the wage gap inside the institutions. Recalling, that the conference devoted its first session to the topic, ‘Family businesses: a hurdle or opportunity for women?’, which account for more than 85% of the private sector activity and for nearly 80% of the GDP. The second session reviewed the obstacles that impede financing of projects run by women. And the closing session discussed mechanisms that could reshuffle the boards of Lebanese firms, citing an IFC report which stated that only 4.4% of Lebanese establishments have women on their boards. (L’Orient Le Jour, May 9, 2019)

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